AUD/USD – 1H – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.650085 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.65179 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.65179 – 0.6537 – 0.6551 – 0.64507 – 0.6476 – 0.64645 —
0.64878 – 0.64781 —
47.611990766639 – 47.206790491588 —
– —
0.65179 – 1763499600

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