AUD/USD – 4H – BUY

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

A continuation of the bullish trend upwards to the next resistance at 0.69597 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 0.68649 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Then a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.69597 – 0.69294 – 0.6927 – 0.68649 – 0.6875 – 0.69888 —
0.69423 – 0.69399 —
49.135340686735 – 51.821210132541 —
– —
0.69597 – 1783382400

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