AUD/USD – 30M – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline up.

A bullish trend upwards to the next resistance line at 0.69404 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.6898 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.

In addition a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.69377 – 0.68964 – 0.69146 – 0.6898 – 0.69053 – 0.68759 —
0.69158 – 0.69325 —
50.793916348781 – 55.775812243316 —
– —
0.69377 – 1775494800

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –