AUD/USD – 4H – BUYThe currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.71361 will continue.
Caution: A possible trend reversal in the direction of support at 0.69558 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.71467 |
| Next High | 0.71361 |
| Current Price | 0.71734 |
| Next Low | 0.69558 |
| 2nd Low | 0.69438 |
| 3rd Low | 0.68966 |
0.71361 – 0.71116 – 0.71467 – 0.69558 – 0.69438 – 0.70261 —
0.70569 – 0.71680 —
54.04511143287 – 60.28236161613 —
– —
0.71361 – 1772064000
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –