Buy AUD/USD – 4H – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline upwards

An ascending movement upwards to the next resistance at 0.65798 will persist.

Caution: A possible change in the direction of the support zone at 0.64582 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which 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).

Support & Resistance Price Range*
3rd High 0.66239
2nd High 0.66172
Next High 0.65798
Current Price 0.64616
Next Low 0.64582
2nd Low 0.64142
3rd Low 0.63722

0.65798 – 0.65182 – 0.66172 – 0.64582 – 0.65323 – 0.65767 —
0.64535 – 0.64592 —
32.905905430179 – 43.180270663321 —
– —
0.65798 – 1763020800

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