Next a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.9147 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.91632 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency 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 | 0.92147 |
| 2nd High | 0.92044 |
| Next High | 0.91632 |
| Current Price | 0.91221 |
| Next Low | 0.90896 |
| 2nd Low | 0.90683 |
| 3rd Low | 0.90617 |
0.91632 – 0.92044 – 0.9193 – 0.90896 – 0.91393 – 0.9133 —
0.91082 – 0.91170 —
37.700623721614 – 48.899627910427 —
– —
0.91632 – 1763371800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – –