AUD/USD – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance at 0.71995 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.71095 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.71324 – 0.71893 – 0.71863 – 0.71095 – 0.71012 – 0.71505 —
0.71987 – 0.72006 —
70.313391935283 – 64.87226598083 —
– —
0.71324 – 1777518000

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