AUD/USD – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 0.69765 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.7047 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.7047 – 0.70889 – 0.71223 – 0.69765 – 0.69736 – 0.69843 —
0.70290 – 0.69915 —
51.629849693748 – 39.118109141839 —
– —
0.7047 – 1772787600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – – – – – – – – –