The combination Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline up.
A bullish movement up to the next resistance level at 0.71356 will persist.
Caution: A possible reversal of the trend in the direction of support at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
Furthermore a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71663 |
| 2nd High | 0.71629 |
| Next High | 0.71356 |
| Current Price | 0.71570 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.71356 – 0.71629 – 0.71579 – 0.71255 – 0.71143 – 0.71107 —
0.71529 – 0.71449 —
59.954901349016 – 49.365277108607 —
– —
0.71356 – 1777003200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –