AUD/USD – 30M – SELL

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

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

Caution: A possible change in the direction of the resistance level at 0.70615 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Three Line Strike – Bearish’ chart pattern is found. The chart shows ‘Three Line Strike – Bearish’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

0.70615 – 0.70675 – 0.70798 – 0.70149 – 0.70236 – 0.70345 —
0.70309 – 0.70469 —
31.400148573123 – 52.403243623112 —
– —
0.70615 – 1771549200

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Line Strike – Bearish – Double bottom chart pattern – – – – – – – –