AUD/USD – 30M – SELL

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

A continuation of the bearish trend down to the next support at 0.66741 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.67093 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Next a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.67093 – 0.67005 – 0.6702 – 0.66741 – 0.66668 – 0.66727 —
0.67007 – 0.67051 —
50.574036917259 – 60.605589325378 —
– —
0.67093 – 1768500000

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