AUD/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.67271 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.67271 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.67271 |
| Current Price | 0.67158 |
| Next Low | 0.66592 |
| 2nd Low | 0.65998 |
| 3rd Low | 0.6552 |
0.67067 – 0.67271 – 0.67243 – 0.66592 – 0.66875 – 0.66826 —
0.66858 – 0.67176 —
52.036431844409 – 66.149171658762 —
– —
0.67067 – 1767351600
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –