AUD/USD – 30M – BUY

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.

Moreover a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.71080104 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.70623 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Up’ chart pattern is discovered. The chart shows ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. 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).

0.70186 – 0.70623 – 0.70919 – 0.69792 – 0.70155 – 0.7071 —
0.70757 – 0.70599 —
74.496460195032 – 58.649326396093 —
– —
0.70186 – 1773633600

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