Buy AUD/USD – 30M – BUY

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.64441124 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 0.64322 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.

Next a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Support & Resistance Price Range*
3rd High 0.64641
2nd High 0.64327
Next High 0.64322
Current Price 0.64253
Next Low 0.64072
2nd Low 0.63933
3rd Low 0.63707

0.64322 – 0.64145 – 0.64327 – 0.64072 – 0.63933 – 0.63707

Download AUD/USD Signal Image

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