AUD/USD – 30M – SELL

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

A continuation of the downward movement down to the next support at 0.71298 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.71758 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish 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’ heading down is 82%.

0.71758 – 0.71633 – 0.71856 – 0.71298 – 0.71432 – 0.71418 —
0.71725 – 0.71580 —
54.186663705078 – 41.988989095498 —
– —
0.71758 – 1776844800

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