AUD/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.66941 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.6703 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67251 |
| 2nd High | 0.67038 |
| Next High | 0.6703 |
| Current Price | 0.66854 |
| Next Low | 0.66631 |
| 2nd Low | 0.66627 |
| 3rd Low | 0.66592 |
0.6703 – 0.67038 – 0.67007 – 0.66631 – 0.66879 – 0.66812 —
0.66843 – 0.66895 —
50.526872764608 – 51.470677858819 —
– —
0.67030 – 1767972600
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –