The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at is certain.
Caution: A possible change in the direction of the support line at 0.71353 could happen.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
Besides a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.72683 |
| Next Low | 0.71353 |
| 2nd Low | 0.71012 |
| 3rd Low | 0.70769 |
0.72274 – 0.72048 – 0.71893 – 0.71353 – 0.7183 – 0.71012 —
0.72337 – 0.72671 —
77.112195307995 – 79.434865776359 —
– —
0.72274 – 1777654800
Trading Signals: FOREX – AUD – AUD/USD – USD – Three White Soldiers – – – – – – – – –