Buy AUD/USD – 1H – BUY

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.649165 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.65073 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.65815
2nd High 0.65496
Next High 0.65073
Current Price 0.64730
Next Low 0.64337
2nd Low
3rd Low

Download AUD/USD Signal Image

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