AUD/USD – 1H – BUY

The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 0.6727 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.66675 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.6727 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.6727 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. The 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).

0.67091 – 0.67093 – 0.6702 – 0.66675 – 0.66948 – 0.66668 —
0.66977 – 0.67136 —
54.722386642427 – 66.480523727728 —
– —
0.67091 – 1768564800

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