AUD/USD – 30M – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance line at 0.7168 is certain.

Caution: A possible change in the direction of support at 0.7053 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.

There is also a ‘Three Outside Up’ candle chart pattern is detected. The candles show ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.7168 – 0.70817 – 0.70305 – 0.7053 – 0.69813 – 0.69558 —
0.71214 – 0.71364 —
47.469897038322 – 55.618936573547 —
– —
0.7168 – 1773172800

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Up – – – – – – – – –