The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.72215 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.71012 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.72215 |
| Current Price | 0.72015 |
| Next Low | 0.71012 |
| 2nd Low | 0.70769 |
| 3rd Low | 0.70287 |
0.71893 – 0.71995 – 0.71629 – 0.71012 – 0.71505 – 0.71107 —
0.71902 – 0.72044 —
67.542117445928 – 71.32753957996 —
– —
0.71893 – 1777431600
Trading Signals: FOREX – AUD – AUD/USD – USD – Three White Soldiers – – – – – – – – –