AUD/USD – 4H – BUY

The pair Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline up.

A bullish ascent up to the next resistance line at 0.65798 is expected.

Caution: A possible change in the direction of the support level at 0.64582 could happen.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.65377 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.65798 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.65798 – 0.65182 – 0.66172 – 0.64582 – 0.65323 – 0.65767 —
0.65370 – 0.65117 —
45.044988724778 – 44.931271578665 —
– —
0.65798 – 1763020800

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