The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 0.67062 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.67027 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘MACD Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD Hidden Bullish Divergence’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67458 |
| 2nd High | 0.67251 |
| Next High | 0.67062 |
| Current Price | 0.67138 |
| Next Low | 0.67027 |
| 2nd Low | 0.66747 |
| 3rd Low | 0.66631 |
0.67062 – 0.6703 – 0.67038 – 0.67027 – 0.66747 – 0.66631 —
0.67127 – 0.67130 —
58.996342804606 – 53.884820318693 —
– —
0.67062 – 1768186800
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –