AUD/USD – 30M – SELL

The combination Australian Dollar/US Dollar (AUD/USD) jumps from the ascending trendline down.

A bearish trend downwards to the next support at 0.68862 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.6943 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ candlestick pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.6943 – 0.69156 – 0.69294 – 0.68862 – 0.68837 – 0.68843 —
0.69215 – 0.69201 —
55.4481182486 – 53.904061670981 —
– —
0.6943 – 1783011600

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