AUD/USD – 1H – BUY

The combination Australian Dollar/US Dollar (AUD/USD) goes from the descending trendline upwards

A bullish trend upwards to the next resistance line at 0.65179 is certain.

Caution: A possible counter-trend in the direction of the support zone at 0.64645 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

Then a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.65179 – 0.6537 – 0.6551 – 0.6476 – 0.64645 – 0.65157 —
0.64922 – 0.64654 —
46.322861749698 – 36.801759315974 —
– —
0.65179 – 1763499600

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double top retreat up – – – –