The pair Australian Dollar/US Dollar (AUD/USD) goes from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.69765 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.70305 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.
There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.
There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70705 |
| 2nd High | 0.7047 |
| Next High | 0.70305 |
| Current Price | 0.69686 |
| Next Low | 0.69765 |
| 2nd Low | 0.69736 |
| 3rd Low | 0.69438 |
0.70305 – 0.7047 – 0.70705 – 0.69765 – 0.69736 – 0.70109 —
0.70296 – 0.69900 —
50.702006637009 – 35.932101251949 —
– —
0.70305 – 1772827200
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – – – – – – – – –