AUD/USD – 30M – SELLThe pair Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline downwards
A descending movement downwards to the next support line at 0.65234 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.6525 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Moreover a ‘Southern Doji’ candle pattern is existing. The candles show ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65684 |
| 2nd High | 0.65418 |
| Next High | 0.6525 |
| Current Price | 0.65242 |
| Next Low | 0.65234 |
| 2nd Low | 0.65053 |
| 3rd Low | 0.64621 |
0.6525 – 0.65246 – 0.65418 – 0.65234 – 0.65053 – 0.64621 — 30.478517877838 – 30.03779268548 — 0.79636327438033 – 1.1027419229961 – 0.26545442479344 – 0.63303506579214
Trading Signals: FOREX – AUD – AUD/USD – USD – Southern Doji – – –