AUD/USD – 4H – BUY

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

A continuation of the uptrend upwards to the next resistance level at is expected.

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

In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.66609 – 0.66854 – 0.65798 – 0.66592 – 0.66826 – 0.65921 —
0.66967 – 0.67171 —
47.060984909215 – 61.422958955114 —
– —
0.66609 – 1765886400

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