The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.64147 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.64571 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.
Besides a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.
Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Besides a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65179 |
| 2nd High | 0.65023 |
| Next High | 0.64571 |
| Current Price | 0.64358 |
| Next Low | 0.64147 |
| 2nd Low | 0.64142 |
| 3rd Low | 0.63722 |
0.64571 – 0.65023 – 0.64909 – 0.6437 – 0.64358 – 0.64704 —
0.64360 – 0.64511 —
33.310144164994 – 53.081621955199 —
– —
0.64571 – 1763695800
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – – – – – – – – –