AUD/USD – 30M – BUY

The combination Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline up.

The bullish trend up to the next resistance level at 0.69903 will persist.

Caution: A possible trend reversal in the direction of the support zone at 0.68966 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Also there is a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.69903 – 0.70068 – 0.70427 – 0.68966 – 0.69397 – 0.6958 —
0.69222 – 0.69444 —
33.176227416651 – 47.58930794593 —
– —
0.69903 – 1770285600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Up – – – – – – – – –