AUD/USD – 4H – BUY

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

A continuation of the bullish trend up to the next resistance line at is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 0.66592 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 0.66854 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).

0.66609 – 0.66854 – 0.65798 – 0.66592 – 0.66826 – 0.65921 —
0.67067 – 0.66881 —
54.428741881219 – 44.091185076296 —
– —
0.66609 – 1765886400

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