And also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.70427 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.70427 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70549 |
| 2nd High | 0.70499 |
| Next High | 0.70427 |
| Current Price | 0.70126 |
| Next Low | 0.68966 |
| 2nd Low | 0.68339 |
| 3rd Low | 0.67953 |
0.69903 – 0.70068 – 0.70427 – 0.68966 – 0.69397 – 0.6958 —
0.69869 – 0.70127 —
67.95638556776 – 74.267081596733 —
– —
0.69903 – 1770285600
Trading Signals: FOREX – AUD – AUD/USD – USD – Three White Soldiers – – – – – – – – –