Buy AUD/USD – 30M – BUY

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

A continuation of the bullish trend up to the next resistance line at 0.67187 is likely expected.

Caution: A possible counter-trend in the direction of support at 0.66627 could occur.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. 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).

Support & Resistance Price Range*
3rd High
2nd High 0.67271
Next High 0.67187
Current Price 0.67228
Next Low 0.66627
2nd Low 0.66592
3rd Low 0.66044

0.67187 – 0.66975 – 0.67067 – 0.66627 – 0.66646 – 0.66651 —
0.67131 – 0.67245 —
62.074039165141 – 66.250572305989 —
– —
0.67187 – 1767637800

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