The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.64895 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.65294 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65377 |
| 2nd High | 0.65336 |
| Next High | 0.65294 |
| Current Price | 0.65202 |
| Next Low | 0.64895 |
| 2nd Low | 0.64791 |
| 3rd Low | 0.64502 |
0.65294 – 0.65268 – 0.65336 – 0.64895 – 0.65056 – 0.64791
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows