AUD/USD – 30M – BUY

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

An ascent upwards to the next resistance at 0.71764 is expected.

Caution: A possible change in the direction of support at 0.71518 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. 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 ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

There is also a ‘Three Outside Up’ candlestick chart pattern is found. The candles form ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.71723 – 0.71681 – 0.71419 – 0.71518 – 0.71252 – 0.71161 —
0.71740 – 0.71730 —
60.841315892941 – 56.147808018302 —
– —
0.71723 – 1779681600

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Up – – – – – – – – –