AUD/USD – 30M – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline up.

A continuation of the uptrend upwards to the next resistance at 0.71317 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.70958 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Next a ‘Three Outside Up’ candle chart pattern is detected. The chart forms ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. 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).

0.71317 – 0.7112 – 0.71237 – 0.70958 – 0.70665 – 0.71135 —
0.71114 – 0.71154 —
44.022466273193 – 44.985801231675 —
– —
0.71317 – 1772175600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Up – Symmetrical Triangle Chart Pattern – – – – – – – –