AUD/USD – 30M – BUY

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

A bullish trend upwards to the next resistance at 0.70728 is expected.

Caution: A possible change in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

There is also a ‘Bearish SBS White Lines’ candle chart pattern is detected. The candles show ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

0.70728 – 0.7057 – 0.71223 – 0.69843 – 0.69438 – 0.70514 —
0.70757 – 0.70859 —
60.635074852094 – 47.690772574903 —
– —
0.70728 – 1772625600

Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish SBS White Lines – Rising Wedge Chart Pattern – – – – – – – –