The pair Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline down.
A bearish movement downwards to the next support line at 0.64486 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.64656 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
Besides a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65179 |
| 2nd High | 0.65023 |
| Next High | 0.64656 |
| Current Price | 0.64564 |
| Next Low | 0.64486 |
| 2nd Low | 0.64208 |
| 3rd Low | 0.64147 |
0.64656 – 0.64603 – 0.64571 – 0.64486 – 0.64208 – 0.6437 —
0.64639 – 0.64646 —
55.232855022066 – 53.357904137639 —
– —
0.64656 – 1763946000
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –