AUD/USD – 30M – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance level at 0.64753 will persist.

Caution: A possible counter-trend in the direction of the support line at 0.64358 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ chart pattern is detected. The chart forms ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.64753 – 0.64685 – 0.6467 – 0.64358 – 0.64417 – 0.64486 —
0.64750 – 0.64706 —
55.968494092367 – 56.59547783642 —
– —
0.64753 – 1764099000

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double top retreat up – – – – – – – –