AUD/USD – 1H – BUY

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.70166 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.70621 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.70621 – 0.70968 – 0.71085 – 0.69102 – 0.69993 – 0.70178 —
0.69704 – 0.69707 —
40.749919454481 – 40.293005948358 —
– —
0.70621 – 1774285200

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