Sell AUD/USD – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at 0.68594 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.69178 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘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 probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.70132
2nd High 0.69631
Next High 0.69178
Current Price 0.69064
Next Low 0.68594
2nd Low 0.68348
3rd Low 0.68329

0.69178 – 0.69631 – 0.68744 – 0.68594 – 0.68348 – 0.68329 —
0.69102 – 0.69131 —
53.338647207053 – 53.65940571354 —
– —
0.69178 – 1775152800

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