The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline upwards
An ascending movement upwards to the next resistance at 0.65798 will persist.
Caution: A possible change in the direction of the support zone at 0.64582 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a bullish 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66239 |
| 2nd High | 0.66172 |
| Next High | 0.65798 |
| Current Price | 0.64616 |
| Next Low | 0.64582 |
| 2nd Low | 0.64142 |
| 3rd Low | 0.63722 |
0.65798 – 0.65182 – 0.66172 – 0.64582 – 0.65323 – 0.65767 —
0.64535 – 0.64592 —
32.905905430179 – 43.180270663321 —
– —
0.65798 – 1763020800
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –