The combination Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline downwards
A bearish descent down to the next support level at 0.65805 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.66193 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 | |
| Next High | 0.66193 |
| Current Price | 0.66103 |
| Next Low | 0.65805 |
| 2nd Low | 0.65234 |
| 3rd Low | 0.65053 |
0.66193 – 0.65983 – 0.65883 – 0.65805 – 0.65234 – 0.65053 — 48.375801743964 – 44.69828882165 — 46.060205094277 – 22.593450215018 – 53.082283563002 – 42.980850516411
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – Double bottom chart pattern – –