AUD/USD – 30M – SELLThe currency pair Australian Dollar/US Dollar (AUD/USD) moves from the bullish trendline downwards
A bearish trend down to the next support level at 0.69081 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.69312 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.69312 |
| Current Price | 0.69122 |
| Next Low | 0.69081 |
| 2nd Low | 0.68339 |
| 3rd Low | 0.67953 |
0.69312 – 0.68527 – 0.68439 – 0.69081 – 0.68339 – 0.6836 —
0.69241 – 0.69258 —
61.519768247935 – 56.483049995901 —
– —
0.69312 – 1769387400
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – – – – – – – – –