AUD/USD – 4H – SELL

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

A continuation of the downward movement downwards to the next support line at is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.7088 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.7088 – 0.72002 – 0.71815 – 0.69786 – 0.70196 – 0.71342 —
0.70805 – 0.70700 —
56.5946731971 – 54.500698060433 —
– —
0.7088 – 1781481600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – – – – – – – – –