AUD/USD – 1H – BUY

Then a ‘Falling Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Falling Wedge Chart Pattern’. which is a bullish chart scenario. The pair is likely to go up.

The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline upwards

An ascending movement up to the next resistance at 0.65333 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.64662 could happen.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Then a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.65192 – 0.65333 – 0.65455 – 0.64662 – 0.64560 – 0.64768

Trading Signals: FOREX – AUD – AUD/USD – USD – Bullish Belt Hold