AUD/USD – 30M – BUYThe pair Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.65216 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.64621 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65684 |
| 2nd High | 0.65239 |
| Next High | 0.65216 |
| Current Price | 0.65218 |
| Next Low | 0.64621 |
| 2nd Low | 0.64147 |
| 3rd Low | 0.64142 |
0.65216 – 0.65126 – 0.65040 – 0.64621 – 0.64881 – 0.64696 — 63.987666247278 – 66.919009553648 — 35.431255835668 – 43.799603174603 – 30.866791160909 – 35.049505913477
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – –