Buy AUD/USD – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance at 0.65179 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.64836 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘%K crosses above %D’ indicator signal is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.

And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern 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).

Support & Resistance Price Range*
3rd High 0.65972
2nd High 0.65798
Next High 0.65179
Current Price 0.65230
Next Low 0.64836
2nd Low 0.64647
3rd Low 0.64358

0.65117 – 0.64753 – 0.64685 – 0.64836 – 0.64647 – 0.64358 —
0.65207 – 0.65188 —
67.270854379334 – 61.76633525014 —
– —
0.65117 – 1764144000

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