AUD/USD – 1H – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline upwards

A bullish movement up to the next resistance line at 0.70968 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.69558 is also possible.
Consider stop-loss settings accordingly.

Then a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.

Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.70131368 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.70968 is also possible.
Consider stop-loss settings accordingly.

0.70968 – 0.71085 – 0.7123 – 0.69993 – 0.70178 – 0.70487 —
0.69862 – 0.69442 —
30.028092992486 – 22.955882106039 —
– —
0.70968 – 1774000800

Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –