AUD/USD – 30M – BUYThe pair Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at is likely expected.
Caution: A possible change in the direction of support at 0.65534 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.65868 |
| Next Low | 0.65534 |
| 2nd Low | 0.65225 |
| 3rd Low | 0.65078 |
0.65835 – 0.65525 – 0.65608 – 0.65534 – 0.65225 – 0.65078
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji –