Buy AUD/USD – 4H – BUY

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

A continuation of the bullish trend upwards to the next resistance line at will continue.

Caution: A possible counter-trend in the direction of the support level at 0.66592 should always be considered.
Consider stop-loss settings accordingly.

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

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 0.67294
Next Low 0.66592
2nd Low 0.65921
3rd Low 0.64358

0.66609 – 0.66854 – 0.65798 – 0.66592 – 0.66826 – 0.65921 —
0.66872 – 0.67389 —
42.812920316831 – 59.877866027432 —
– —
0.66609 – 1765886400

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