AUD/USD – 30M – BUYThe pair Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.67953 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.68398 |
| Next Low | 0.67953 |
| 2nd Low | 0.67534 |
| 3rd Low | 0.67527 |
0.68108 – 0.67775 – 0.67433 – 0.67953 – 0.67534 – 0.67527 —
0.68126 – 0.68364 —
65.444690720528 – 75.69637553004 —
– —
0.68108 – 1769072400
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji – Double bottom chart pattern – – – – – – – –