AUD/USD – 4H – BUY

The combination Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline up.

The bullish trend up to the next resistance line at 0.72002 is likely expected.

Caution: A possible counter-trend in the direction of the support level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.

0.72002 – 0.71815 – 0.72712 – 0.69786 – 0.70196 – 0.71342 —
0.70450 – 0.70869 —
50.74959441445 – 58.319874219221 —
– —
0.72002 – 1780070400

Trading Signals: FOREX – AUD – AUD/USD – USD – – Rising Wedge Chart Pattern – – – – – – – –