AUD/USD – 4H – BUY

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

A continuation of the upward movement up to the next resistance at 0.66854 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 0.66592 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD Hidden Bullish Divergence’. In der Regel bedeutet das ein negatives chart signal. Die Paarung wird wahrscheinlich fallen.

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

0.66609 – 0.66854 – 0.65798 – 0.66592 – 0.66826 – 0.65921 —
0.66945 – 0.66872 —
51.539378884707 – 42.812920555375 —
– —
0.66609 – 1765886400

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double bottom retreat down – – – – – – – –