The pair Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 0.7217 is certain.
Caution: A possible change in the direction of the support line at 0.71353 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.72274 |
| 2nd High | 0.722 |
| Next High | 0.7217 |
| Current Price | 0.72274 |
| Next Low | 0.71353 |
| 2nd Low | 0.71095 |
| 3rd Low | 0.71012 |
0.71974 – 0.7217 – 0.722 – 0.71353 – 0.7153 – 0.71677 —
0.71836 – 0.72127 —
54.361075705225 – 73.386415305155 —
– —
0.71974 – 1778005800
Trading Signals: FOREX – AUD – AUD/USD – USD – Three White Soldiers – – – – – – – – –