The combination Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.70345 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.70806 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70962 |
| 2nd High | 0.70898 |
| Next High | 0.70806 |
| Current Price | 0.70694 |
| Next Low | 0.70345 |
| 2nd Low | 0.70277 |
| 3rd Low | 0.70132 |
0.70806 – 0.70898 – 0.70763 – 0.70345 – 0.7063 – 0.70277 —
0.70646 – 0.70751 —
48.551129051172 – 63.716347083476 —
– —
0.70806 – 1771416000
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –