AUD/USD – 1H – BUY

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

An ascending movement up to the next resistance line at 0.65787 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.65366 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.

There is also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

There is also a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.65787 – 0.65884 – 0.65899 – 0.65366 – 0.65429 – 0.65614 — 41.665459012627 – 47.779436608301 — 80.395768600114 – 90.602913601615 – 59.462951774305 – 77.092623064906

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – –