AUD/USD – 1H – BUY

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

A bullish ascent upwards to the next resistance at 0.66854 is expected.

Caution: A possible change in the direction of support at 0.6629 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.66854 – 0.66534 – 0.6654 – 0.6629 – 0.66284 – 0.66084 —
0.66727 – 0.66515 —
49.234611509734 – 51.990191487276 —
– —
0.66854 – 1765404000

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double bottom chart pattern – – – – – – – –