AUD/USD – 30M – BUY

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.64439 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.6467 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.6467 – 0.64656 – 0.64603 – 0.64417 – 0.64486 – 0.64208 —
0.64508 – 0.64553 —
44.463022870133 – 41.921189494466 —
– —
0.64670 – 1763971200

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double bottom chart pattern – – – – – – – –