And also a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
And also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.913525 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.91312 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92147 |
| 2nd High | 0.92044 |
| Next High | 0.91312 |
| Current Price | 0.91149 |
| Next Low | 0.90661 |
| 2nd Low | 0.90617 |
| 3rd Low | 0.89514 |
0.91312 – 0.92044 – 0.91671 – 0.90661 – 0.91339 – 0.91038 —
0.90916 – 0.91089 —
36.353779603695 – 48.944790870889 —
– —
0.91312 – 1763654400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –