AUD/USD – 30M – BUY

There is also a ‘Falling Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The currency pair is likely to rise.

The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance at 0.65455 is expected.

Caution: A possible counter-trend in the direction of support at 0.64768 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

There is also a ‘Bearish Harami Cross’ chart pattern is existing. The candles show ‘Bearish Harami Cross’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

0.65455 – 0.65313 – 0.65327 – 0.64768 – 0.64836 – 0.64955

Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish Harami Cross