AUD/USD – 1H – BUY

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.650945 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.6537 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The currency 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).

0.6537 – 0.6551 – 0.65377 – 0.65157 – 0.65145 – 0.65141 —
0.64921 – 0.64871 —
32.858404029477 – 40.658406712658 —
– —
0.65370 – 1763373600

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