AUD/USD – 30M – SELLThe currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.66675 is certain.
Caution: A possible change in the direction of resistance at 0.67091 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 0.67093 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.67091 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.6727 |
| 2nd High | 0.67093 |
| Next High | 0.67091 |
| Current Price | 0.67130 |
| Next Low | 0.66675 |
| 2nd Low | 0.66668 |
| 3rd Low | 0.66631 |
0.67005 – 0.67091 – 0.67067 – 0.66675 – 0.66707 – 0.66948 —
0.67034 – 0.67136 —
63.95550551355 – 72.739811923031 —
– —
0.67005 – 1768806000
Trading Signals: FOREX – AUD – AUD/USD – USD – – Double bottom chart pattern – – – – – – – –