AUD/USD – 1H – SELL

The pair Australian Dollar/US Dollar (AUD/USD) goes from the ascending trendline down.

A descending movement down to the next support line at 0.68837 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.69294 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.69156 – 0.69294 – 0.6904 – 0.68837 – 0.68823 – 0.68649 —
0.69415 – 0.69215 —
64.919570599808 – 57.31500335608 —
– —
0.69156 – 1782921600

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –