AUD/USD – 4H – SELL

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

A continuation of the downward movement down to the next support level at 0.68594 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.70842 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.70842 – 0.69631 – 0.7123 – 0.68594 – 0.68329 – 0.69102 —
0.70778 – 0.70944 —
71.465500841964 – 69.64368781958 —
– —
0.70842 – 1775606400

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