AUD/USD – 1H – BUYThe currency pair Australian Dollar/US Dollar (AUD/USD) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.67220 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.66631 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.67661 |
| Next High | 0.67220 |
| Current Price | 0.67106 |
| Next Low | 0.66631 |
| 2nd Low | 0.66627 |
| 3rd Low | 0.66592 |
0.67220 – 0.6703 – 0.67038 – 0.66631 – 0.66812 – 0.67166 —
0.67220 – 0.67110 —
61.068274070868 – 52.684142654338 —
0.67220 – 1768240800 —
– 1768240800
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double bottom chart pattern – – – – – – – –