AUD/USD – 1H – BUY

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

The bullish trend up to the next resistance line at 0.65239 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 0.64142 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.65239 – 0.65224 – 0.65684 – 0.64142 – 0.64233 – 0.64811 — 47.020844354353 – 47.967129135804 — 49.400688482435 – 73.352411762266 – 47.053662433094 – 52.914938305748

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Rising Wedge Chart Pattern – –