AUD/USD – 4H – BUYThe pair Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 0.67093 is certain.
Caution: A possible trend reversal in the direction of support at could occur.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67661 |
| 2nd High | 0.6727 |
| Next High | 0.67093 |
| Current Price | 0.67024 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.67093 – 0.6727 – 0.67661 – 0.66668 – 0.66631 – 0.66627 —
0.67039 – 0.67005 —
51.698038221542 – 51.61314467405 —
– —
0.67093 – 1768492800
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –