AUD/USD – 30M – BUY

Next a ‘Falling Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The currency pair is likely to go up.

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

A bullish movement upwards to the next resistance line at 0.65373 is certain.

Caution: A possible counter-trend in the direction of the support line at 0.64502 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

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

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.64860724 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.65373 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.65373 – 0.65131 – 0.65435 – 0.64939 – 0.64867 – 0.64658

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji