AUD/USD – 1H – BUY

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.72003932 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.72274 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive chart scenario. 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).

0.72274 – 0.72048 – 0.71893 – 0.7183 – 0.71012 – 0.71505 —
0.71994 – 0.71682 —
46.453926986162 – 28.549574122472 —
– —
0.72274 – 1777654800

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Up – – – – – – – – –