Buy AUD/USD – 4H – BUY

The combination Australian Dollar/US Dollar (AUD/USD) moves from the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.71467 will continue.

Caution: A possible change in the direction of support at 0.70431 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.71467
Current Price 0.70814
Next Low 0.70431
2nd Low 0.68966
3rd Low 0.66675

0.71467 – 0.70499 – 0.70937 – 0.70431 – 0.68966 – 0.6908 —
0.70962 – 0.70763 —
51.068975580749 – 39.049401398141 —
– —
0.71467 – 1770868800

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