AUD/USD – 1H – BUY

The combination Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline up.

A continuation of the uptrend up to the next resistance level at 0.71223 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 0.70321 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

In addition a ‘Bullish Separating Lines’ candlestick chart pattern is detected. The candles show ‘Bullish Separating Lines’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).

0.71223 – 0.71317 – 0.71361 – 0.70321 – 0.70665 – 0.70727 —
0.70157 – 0.70442 —
24.448035119067 – 46.133789098386 —
– —
0.71223 – 1772506800

Trading Signals: FOREX – AUD – AUD/USD – USD – Bullish Separating Lines – – – – – – – – –