The combination Australian Dollar/US Dollar (AUD/USD) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.71361 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.71467 |
| Next High | 0.71361 |
| Current Price | 0.70520 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.71361 – 0.71116 – 0.71467 – 0.69438 – 0.70261 – 0.70149 —
0.70286 – 0.70830 —
36.760073903844 – 53.032666844695 —
0.69438 – 1772553600 —
0.71361 – 1772064000
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –