The pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.63049 is expected.
Caution: A possible change in the direction of the resistance zone at 0.63269 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.63775 |
2nd High | 0.63548 |
Next High | 0.63269 |
Current Price | 0.62646 |
Next Low | 0.63049 |
2nd Low | |
3rd Low |