AUD/USD – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at 0.66948 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.67091 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ” indicator signal is detected. The indicator shows ”. which could be a negative signal. The currency pair is likely to fall.

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Besides a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candle pattern is found. The chart shows ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.67091 – 0.67093 – 0.6702 – 0.66948 – 0.66668 – 0.66726 —
0.67008 – 0.66854 —
45.336323468368 – 40.88094436338 —
– —
0.67091 – 1768564800

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – Double top chart pattern – – – – – – – –