Buy AUD/USD – 30M – BUY

The pair Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline up.

A bullish ascent upwards to the next resistance level at 0.64641 is expected.

Caution: A possible counter-trend in the direction of support at 0.64021 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.65144
Next High 0.64641
Current Price 0.64199
Next Low 0.64021
2nd Low 0.63652
3rd Low 0.63557

0.64641 – 0.65144 – 0.64708 – 0.64021 – 0.64211 – 0.64375

Download AUD/USD Signal Image

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