AUD/USD – 30M – BUY

The pair Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance line at 0.65704 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.6543 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.65704 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.65704 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.65704 – 0.65581 – 0.6566 – 0.6543 – 0.65358 – 0.6537 —
0.65590 – 0.65648 —
51.287565693416 – 57.944309253567 —
– —
0.65704 – 1764696600

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