Buy AUD/USD – 30M – BUY

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.6522636 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.65389 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.65972
2nd High 0.65621
Next High 0.65389
Current Price 0.65371
Next Low 0.64679
2nd Low 0.64671
3rd Low 0.64629

0.65389 – 0.64927 – 0.64905 – 0.64679 – 0.64671 – 0.64629 —
0.65293 – 0.65398 —
48.616514689126 – 61.269041810521 —
– —
0.65389 – 1762774200

Trading Signals:

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