AUD/USD – 30M – BUYThe currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.67415 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.67114 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.67415 |
| Current Price | 0.67566 |
| Next Low | 0.67114 |
| 2nd Low | 0.67027 |
| 3rd Low | 0.66627 |
0.67415 – 0.67389 – 0.67187 – 0.67114 – 0.67027 – 0.66627 —
0.67410 – 0.67479 —
59.121023255887 – 68.35960775624 —
– —
0.67415 – 1767738600
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –