AUD/USD – 30M – BUYThe pair Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance at 0.6525 is expected.
Caution: A possible counter-trend in the direction of support at 0.65053 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Besides a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65684 |
| 2nd High | 0.65418 |
| Next High | 0.6525 |
| Current Price | 0.65266 |
| Next Low | 0.65053 |
| 2nd Low | 0.64621 |
| 3rd Low | 0.64147 |
0.6525 – 0.65246 – 0.65418 – 0.65234 – 0.65053 – 0.64621 — 54.758468816937 – 58.757714662269 — 29.480727328821 – 62.814060662155 – 15.552701305621 – 33.627825428332
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – –