Buy AUD/USD – 30M – BUY

The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline upwards

A bullish movement upwards to the next resistance at 0.69117 is certain.

Caution: A possible counter-trend in the direction of the support zone at 0.68715 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.

There is also a ‘Bearish SBS White Lines’ chart pattern is existing. The candles form ‘Bearish SBS White Lines’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 0.69893
2nd High 0.69566
Next High 0.69117
Current Price 0.68695
Next Low 0.68715
2nd Low 0.68339
3rd Low 0.67953

0.69117 – 0.69566 – 0.69893 – 0.68715 – 0.69316 – 0.69424 —
0.68971 – 0.68943 —
42.333563335789 – 29.461960305839 —
– —
0.69117 – 1774598400

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