The combination 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 0.65336 is considered certain.
Caution: A possible counter-trend in the direction of the support line at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.65377 |
| Next High | 0.65336 |
| Current Price | 0.65160 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.65336 – 0.65064 – 0.65167 – 0.65056 – 0.64791 – 0.64925
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji