AUD/USD – 30M – BUY

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

An ascending movement up to the next resistance line at 0.67093 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.66948 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Next a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘RSI Hidden Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.

Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.67127928 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.67093 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

0.67093 – 0.67005 – 0.6702 – 0.66948 – 0.66741 – 0.66668 —
0.67023 – 0.67022 —
52.284723211625 – 49.29970239978 —
– —
0.67093 – 1768500000

Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – – – – – – – – –