The currency pair Australian Dollar/US Dollar (AUD/USD) goes from the descending trendline down.
A continuation of the downward movement down to the next support at 0.69786 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.70548 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70778 |
| 2nd High | 0.70701 |
| Next High | 0.70548 |
| Current Price | 0.70390 |
| Next Low | 0.69786 |
| 2nd Low | 0.6898 |
| 3rd Low | 0.68759 |
0.70548 – 0.70116 – 0.7037 – 0.69786 – 0.6987 – 0.70047 —
0.70399 – 0.70529 —
58.91434020685 – 61.515697177932 —
– —
0.70548 – 1781215200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –