AUD/USD – 4H – SELL

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

The bearish trend down to the next support at 0.71353 is certain.

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

Besides a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.72274 – 0.71995 – 0.71856 – 0.71353 – 0.71012 – 0.71107 —
0.72671 – 0.72634 —
70.701872178953 – 63.386845639186 —
– —
0.72274 – 1777651200

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