AUD/USD – 1H – BUY

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

A bullish movement upwards to the next resistance at 0.7047 is expected.

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

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

0.7047 – 0.70889 – 0.71223 – 0.69558 – 0.69765 – 0.69736 —
0.70218 – 0.70215 —
53.538434837143 – 52.117144802445 —
– —
0.7047 – 1772787600

Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –