AUD/USD – 30M – SELL

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

A continuation of the bearish trend down to the next support level at 0.66627 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.67038 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.67038 – 0.67007 – 0.67251 – 0.66879 – 0.66812 – 0.67166 —
0.66815 – 0.66943 —
33.747756795687 – 43.229901860613 —
– —
0.67038 – 1767920400

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –