AUD/USD – 1H – BUY

In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.64859 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.65023 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.65023 – 0.65179 – 0.6537 – 0.64208 – 0.64358 – 0.64507 —
0.64603 – 0.64620 —
52.090233915497 – 50.459952420899 —
– —
0.65023 – 1763654400

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