AUD/USD – 30M – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline up.

A bullish trend upwards to the next resistance level at 0.70783 will continue.

Caution: A possible change in the direction of the support level at 0.70417 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Bearish SBS White Lines’ candlestick chart pattern is discovered. The candles form ‘Bearish SBS White Lines’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

0.70783 – 0.7088 – 0.70869 – 0.70417 – 0.70639 – 0.70373 —
0.70722 – 0.70782 —
53.416090355314 – 55.856163863389 —
– —
0.70783 – 1781616600

Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish SBS White Lines – – – – – – – – –