Sell AUD/USD – 4H – SELL

The pair Australian Dollar/US Dollar (AUD/USD) jumps from the ascending trendline downwards

A bearish movement downwards to the next support at 0.66668 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.6727 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Also there is a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘RSI Hidden Bullish Divergence’. this is usually a bearish signal. The currency pair could go down.

Also there is a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.67661
Next High 0.6727
Current Price 0.66875
Next Low 0.66668
2nd Low 0.66631
3rd Low 0.66627

0.6727 – 0.67661 – 0.66609 – 0.66668 – 0.66631 – 0.66627 —
0.67005 – 0.66948 —
43.043486780312 – 43.807699597156 —
– —
0.67270 – 1768305600

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