AUD/USD – 1H – BUY

The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline up.

A continuation of the upward movement upwards to the next resistance line at 0.6566 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.6552 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘%K crosses above %D’ indicator signal is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candlestick chart pattern is found. 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.6566 – 0.65588 – 0.65405 – 0.6552 – 0.65358 – 0.65199 —
0.65890 – 0.65972 —
68.886717910144 – 65.614957159252 —
– —
0.65660 – 1764601200

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