AUD/USD – 1H – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 0.67091 will continue.

Caution: A possible counter-trend in the direction of the support zone at 0.66675 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency 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).

0.67091 – 0.67093 – 0.6702 – 0.66675 – 0.66948 – 0.66668 —
0.67053 – 0.67149 —
60.845440108998 – 65.92490822487 —
– —
0.67091 – 1768564800

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