AUD/USD – 1H – SELL

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

The bearish trend downwards to the next support at 0.70727 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.71361 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

0.71361 – 0.71162 – 0.70733 – 0.70727 – 0.70261 – 0.7048 —
0.71324 – 0.71221 —
62.946956691937 – 54.222550586239 —
– —
0.71361 – 1772074800

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