AUD/USD – 30M – BUYThe combination Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 0.67091 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.66675 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair is likely to rise.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.6727 |
| 2nd High | 0.67093 |
| Next High | 0.67091 |
| Current Price | 0.67112 |
| Next Low | 0.66675 |
| 2nd Low | 0.66668 |
| 3rd Low | 0.66631 |
0.67005 – 0.67091 – 0.67067 – 0.66675 – 0.66707 – 0.66948 —
0.67053 – 0.67063 —
61.216230197505 – 66.692897835698 —
– —
0.67005 – 1768806000
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –