AUD/USD – 30M – BUYThe pair Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.65117 will persist.
Caution: A possible trend reversal in the direction of support at 0.64836 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65798 |
| 2nd High | 0.65179 |
| Next High | 0.65117 |
| Current Price | 0.65192 |
| Next Low | 0.64836 |
| 2nd Low | 0.64647 |
| 3rd Low | 0.64358 |
0.65117 – 0.64753 – 0.64685 – 0.64836 – 0.64647 – 0.64358 —
0.65092 – 0.65207 —
64.010406483859 – 67.270854054401 —
– —
0.65117 – 1764144000
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double top chart pattern – – – – – – – –