The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 0.71824 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.71432 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.72215 |
| Next High | 0.71824 |
| Current Price | 0.71655 |
| Next Low | 0.71432 |
| 2nd Low | 0.71418 |
| 3rd Low | 0.71143 |
0.71824 – 0.7165 – 0.72215 – 0.71432 – 0.71418 – 0.71143 —
0.71572 – 0.71656 —
35.516718505736 – 45.828647230664 —
– —
0.71824 – 1776736800
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –