AUD/USD – 30M – BUY

Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.715035 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.71893 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish 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).

0.71893 – 0.71863 – 0.71944 – 0.71012 – 0.71505 – 0.7157 —
0.71212 – 0.71287 —
38.985594437639 – 45.362421737831 —
– —
0.71893 – 1777433400

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