AUD/USD – 4H – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) goes from the descending trendline upwards

The bullish trend up to the next resistance line at 0.65798 will persist.

Caution: A possible counter-trend in the direction of the support line at 0.64582 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The pair is likely to go up.

And also a ‘RSI Bullish Divergence’ indicator signal is found. The indicator shows ‘RSI Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.

And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.6492226 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.65798 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candle pattern is existing. The candles form ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.65798 – 0.65182 – 0.66172 – 0.64582 – 0.65323 – 0.65767 —
0.65117 – 0.64924 —
44.93127116306 – 29.673858511403 —
– —
0.65798 – 1763020800

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