AUD/USD – 30M – BUY

The pair Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance line at 0.65117 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.64836 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could go up.

In addition a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).

0.65117 – 0.64753 – 0.64685 – 0.64836 – 0.64647 – 0.64358 —
0.64954 – 0.65149 —
51.380682001621 – 66.020855802009 —
– —
0.65117 – 1764144000

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