От: Дима Chernovolov
AUD/USD continues to fall inside the well-formed Down Channel chart pattern which was previously identified by Autochartist on the 30-minute charts. Autochartist rates the quality of this Down Channel at the 7-bar level – which is the result of the slow Initial Trend (5 брусья), significant Uniformity (8 брусья) и выше четкость (9 брусья). AUD/USD is expected to fall further inside this Down Channel – in line with the active downward correction from the powerful resistance level shown below.
As can be seen from the daily AUD/USD chart below, the price earlier reversed down from the major resistance level 0.8070 (which also reversed the price in July and earlier this month). The last three downward reversals from the resistance level 0.8070 created the 3 consecutive daily Japanese candlesticks reversal patterns Shooting Star (highlighted below). The proximity of the resistance level 0.8070 increases the probability AUD/USD will continue to fall inside this Down Channel.
To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.
Для получения более подробной информации об этом и других продуктах Autochartist посетите www.autochartist.com