AUD/USD – 4H – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance line at 0.70499 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.6908 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. 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 ‘Three White Soldiers’ going up is 82%.

0.70499 – 0.70937 – 0.67093 – 0.6908 – 0.66675 – 0.66668 —
0.69975 – 0.69779 —
45.484070869011 – 49.59917886714 —
– —
0.70499 – 1770105600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three White Soldiers – Double top chart pattern – – – – – – – –