AUD/USD – 1H – BUYThe currency pair Australian Dollar/US Dollar (AUD/USD) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.62878 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.61976 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.63269 |
| 2nd High | 0.63021 |
| Next High | 0.62878 |
| Current Price | 0.62325 |
| Next Low | 0.61976 |
| 2nd Low | 0.61918 |
| 3rd Low | 0.61788 |