AUD/USD – 30M – BUYIn addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.66871024 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.67458 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Matching Low’ candle chart pattern is found. The chart shows ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.67661 |
| Next High | 0.67458 |
| Current Price | 0.67107 |
| Next Low | 0.67027 |
| 2nd Low | 0.66627 |
| 3rd Low | 0.66592 |
0.67458 – 0.67661 – 0.67415 – 0.67166 – 0.67114 – 0.67027 —
0.67232 – 0.67241 —
40.236879836108 – 36.315915239876 —
– —
0.67458 – 1767803400
Trading Signals: FOREX – AUD – AUD/USD – USD – Matching Low – – – – – – – – –