Buy AUD/USD – 30M – BUY

The pair Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline up.

A bullish movement up to the next resistance at 0.70969 is likely expected.

Caution: A possible change in the direction of support at 0.70431 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.70949 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.70969 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.71467
2nd High 0.71443
Next High 0.70969
Current Price 0.70728
Next Low 0.70431
2nd Low 0.70132
3rd Low 0.70075

0.70969 – 0.71443 – 0.71467 – 0.70431 – 0.70753 – 0.71046 —
0.70548 – 0.70715 —
34.427272570934 – 50.125155530633 —
– —
0.70969 – 1770953400

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