AUD/USD – 30M – BUY

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

A bullish trend up to the next resistance line at 0.70361 is certain.

Caution: A possible trend reversal in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.70499 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.70361 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

0.70361 – 0.70239 – 0.70499 – 0.69803 – 0.69351 – 0.6908 —
0.70352 – 0.70199 —
60.516371280097 – 42.383643765892 —
– —
0.70361 – 1770174000

Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –