AUD/USD – 30M – BUY

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

The bullish trend up to the next resistance at 0.69281 is certain.

Caution: A possible change in the direction of the support zone at 0.69068 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.69281 – 0.69404 – 0.69312 – 0.69068 – 0.69081 – 0.68339 —
0.69194 – 0.69274 —
50.826463149249 – 58.7902650858 —
– —
0.69281 – 1769488200

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Up – Symmetrical Triangle Chart Pattern – – – – – – – –