AUD/USD – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.64208 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.65023 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.65023 – 0.65179 – 0.6537 – 0.64208 – 0.64358 – 0.64507 —
0.64426 – 0.64595 —
41.209734140325 – 53.444347757659 —
– —
0.65023 – 1763654400

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double bottom retreat down – – – – – – – –