The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline up.
A bullish trend up to the next resistance at 0.67062 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.66747 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ” indicator signal is found. The indicator is ”. which is often a bullish signal. The pair is likely to go up.
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Furthermore a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67458 |
| 2nd High | 0.67251 |
| Next High | 0.67062 |
| Current Price | 0.67106 |
| Next Low | 0.66747 |
| 2nd Low | 0.66631 |
| 3rd Low | 0.66627 |
0.67062 – 0.6703 – 0.67038 – 0.66747 – 0.66631 – 0.66879 —
0.66952 – 0.67113 —
55.24068442705 – 63.493426220164 —
– —
0.67062 – 1768186800
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –