The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.6525 will continue.
Caution: A possible change in the direction of the support zone at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 0.65305 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.6525 – 0.65246 – 0.65418 – 0.65234 – 0.65053 – 0.64621 — 66.356172602562 – 67.560097546392 — 98.775870117745 – 99.9412141017 – 98.795465417178 – 99.164318112396
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – –