AUD/USD – 30M – BUY

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

A continuation of the bullish trend up to the next resistance level at 0.6943 is certain.

Caution: A possible change in the direction of the support line at 0.68862 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

In addition a ‘Three Outside Up’ candlestick chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.6943 – 0.69156 – 0.69294 – 0.68862 – 0.68837 – 0.68843 —
0.69395 – 0.69202 —
63.587696205652 – 51.081188484343 —
– —
0.6943 – 1783011600

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