AUD/USD – 30M – BUY

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

A continuation of the bullish trend up to the next resistance level at 0.70373 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.70075 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

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

Next a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

0.70373 – 0.70244 – 0.69903 – 0.70075 – 0.68966 – 0.69397 —
0.70261 – 0.70248 —
55.824307728445 – 57.935817244726 —
– —
0.70373 – 1770600600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three White Soldiers – – – – – – – – –