AUD/USD – 30M – SELL

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

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

Caution: A possible reversal of the trend in the direction of the resistance level at 0.65798 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Three Outside Down’ chart pattern is existing. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.65798 – 0.655 – 0.65377 – 0.64821 – 0.64645 – 0.64816 —
0.65032 – 0.65179 —
55.970242451793 – 63.208195997715 —
0.64821 – 1763488800 —
0.65798 – 1763029800

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – – – – –