The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.67661 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.67166 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘%K crosses above %D’ indicator signal is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.67661 |
| Current Price | 0.67292 |
| Next Low | 0.67166 |
| 2nd Low | 0.67114 |
| 3rd Low | 0.67027 |
0.67661 – 0.67415 – 0.67389 – 0.67166 – 0.67114 – 0.67027 —
0.67337 – 0.67278 —
39.632519439026 – 33.89982123927 —
– —
0.67661 – 1767765600
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –