AUD/USD – 1H – BUY

Moreover a ‘Double bottom chart pattern’ chart layout is found. The formation shows ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to rise.

The pair Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline upwards

A bullish ascent upwards to the next resistance at 0.67091 is certain.

Caution: A possible change in the direction of the support line at 0.66675 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Moreover a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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).

0.67091 – 0.67093 – 0.6702 – 0.66675 – 0.66948 – 0.66668 —
0.66971 – 0.67076 —
54.165117122171 – 62.388312649899 —
– —
0.67091 – 1768564800

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