The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at will persist.
Caution: A possible trend reversal in the direction of the support level at 0.65225 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.65867 |
| Next Low | 0.65225 |
| 2nd Low | 0.65078 |
| 3rd Low | 0.64840 |
0.65636 – 0.65190 – 0.64952 – 0.65225 – 0.65078 – 0.64840
Trading Signals: FOREX – AUD – AUD/USD – USD – – Double top chart pattern