AUD/USD – 4H – BUY

There is also a ‘Double bottom chart pattern’ chart pattern is detected. The chart forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.

The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline upwards

A bullish movement up to the next resistance level at 0.71116 is expected.

Caution: A possible change in the direction of the support level at 0.70261 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

There is also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

0.71116 – 0.71467 – 0.70499 – 0.70261 – 0.70149 – 0.70277 —
0.71239 – 0.71120 —
61.659032210822 – 54.294728817008 —
– —
0.71116 – 1771804800

Trading Signals: FOREX – AUD – AUD/USD – USD – – Double bottom chart pattern – – – – – – – –