AUD/USD – 30M – BUY

The combination Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance level at 0.65608 is considered certain.

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

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

There is also a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.65608 – 0.65636 – 0.65075 – 0.65078 – 0.65421 – 0.64840

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double top retreat up