The combination Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline down.
The bearish trend down to the next support line at 0.70204 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.70937 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.70937 |
| Current Price | 0.70482 |
| Next Low | 0.70204 |
| 2nd Low | 0.69766 |
| 3rd Low | 0.6901 |
0.70937 – 0.70193 – 0.70221 – 0.70204 – 0.69766 – 0.69797 —
0.70937 – 0.70652 —
73.755119119921 – 55.456925718681 —
0.70937 – 1769671800 —
– 1769671800
Trading Signals: FOREX – AUD – AUD/USD – USD – – Double top retreat up – – – – – – – –