AUD/USD – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance line at 0.71693 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.71459 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Furthermore a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.

Furthermore a ‘Hammer’ candlestick pattern is existing. The candles show ‘Hammer’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).

0.71693 – 0.71758 – 0.71633 – 0.71459 – 0.71298 – 0.71432 —
0.71603 – 0.71587 —
48.783022830616 – 49.50624665562 —
– —
0.71693 – 1776877200

Trading Signals: FOREX – AUD – AUD/USD – USD – Hammer – – – – – – – – –