The pair Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 0.65294 is certain.
Caution: A possible reversal of the trend in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65377 |
| 2nd High | 0.65336 |
| Next High | 0.65294 |
| Current Price | 0.65196 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.65294 – 0.65268 – 0.65336 – 0.64895 – 0.65056 – 0.64791
Trading Signals: FOREX – AUD – AUD/USD – USD – Northern Doji