AUD/USD – 30M – SELL

The combination Australian Dollar/US Dollar (AUD/USD) moves from the ascending trendline down.

A bearish movement down to the next support line at 0.65141 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.65389 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Current target is 0.6522636 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.65389 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

0.65389 – 0.64927 – 0.64905 – 0.65141 – 0.64679 – 0.64671 —
0.65216 – 0.65396 —
48.577668015835 – 61.908579400515 —
– —
0.65389 – 1762774200

Trading Signals: FOREX – AUD – AUD/USD – USD – – Double top retreat up – – –