AUD/USD – 1H – BUY

In addition a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.650775 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.6537 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.6537 – 0.6551 – 0.65377 – 0.64645 – 0.65157 – 0.65145 —
0.64989 – 0.64999 —
45.840208577793 – 42.063950660167 —
– —
0.65370 – 1763373600

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