AUD/USD – 1H – BUYThe combination Australian Dollar/US Dollar (AUD/USD) jumps from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.65336 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.65056 is within the realm of possibility.
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 | 0.65170 |
| Next Low | 0.65056 |
| 2nd Low | 0.64791 |
| 3rd Low | 0.64502 |
0.65336 – 0.65064 – 0.65377 – 0.65056 – 0.64791 – 0.64502
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji