The pair Australian Dollar/US Dollar (AUD/USD) moves from the bullish trendline down.
A bearish descent downwards to the next support at 0.70641 will persist.
Caution: A possible change in the direction of the resistance line at 0.70982 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.70982 |
| Current Price | 0.70736 |
| Next Low | 0.70641 |
| 2nd Low | 0.70132 |
| 3rd Low | 0.70075 |
0.70982 – 0.70373 – 0.70244 – 0.70641 – 0.70132 – 0.70075 —
0.70759 – 0.70884 —
49.311714613465 – 63.674112809787 —
– —
0.70982 – 1770672600
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –