Buy AUD/USD – 4H – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the bullish trendline down.

A bearish movement down to the next support level at is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.65144 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

In addition a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.65144
Current Price 0.64082
Next Low
2nd Low
3rd Low

0.65144 – 0.64493 – 0.64389 – 0.63557 – 0.63675 – 0.63434

Download AUD/USD Signal Image

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