AUD/USD – 4H – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance line at 0.66685 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.66084 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.65798 – 0.65182 – 0.66172 – 0.66084 – 0.64358 – 0.64208 —
0.66466 – 0.66727 —
58.229092560267 – 50.565304384749 —
– —
0.65798 – 1763020800

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