The currency pair Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance at 0.65798 is expected.
Caution: A possible change in the direction of support at 0.6537 should be noted.
Consider stop-loss settings accordingly.
Then a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.66156 |
| 2nd High | 0.65972 |
| Next High | 0.65798 |
| Current Price | 0.65536 |
| Next Low | 0.6537 |
| 2nd Low | 0.65358 |
| 3rd Low | 0.65199 |
0.65566 – 0.65588 – 0.65405 – 0.6537 – 0.65358 – 0.65199 —
0.65629 – 0.65572 —
69.902582258542 – 48.647789843391 —
– —
0.65566 – 1764558000
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –