AUD/USD – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.64417 will continue.

Caution: A possible change in the direction of the resistance line at 0.6467 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Matching Low’ candlestick chart pattern is found. The chart shows ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.6467 – 0.64656 – 0.64603 – 0.64417 – 0.64486 – 0.64208 —
0.64567 – 0.64659 —
46.810591204067 – 61.229789644994 —
– —
0.64670 – 1763971200

Trading Signals: FOREX – AUD – AUD/USD – USD – Matching Low – – – – – – – – –