The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.71363 will persist.
Caution: A possible change in the direction of the resistance line at 0.71758 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
Then a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.72215 |
| 2nd High | 0.71856 |
| Next High | 0.71758 |
| Current Price | 0.71356 |
| Next Low | 0.71363 |
| 2nd Low | 0.71298 |
| 3rd Low | 0.71143 |
0.71758 – 0.71856 – 0.71824 – 0.71363 – 0.71459 – 0.71298 —
0.71537 – 0.71566 —
43.508865349192 – 50.962136610697 —
– —
0.71758 – 1776844800
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – – – – – – – – –