The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support level at will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.69294 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70187 |
| 2nd High | 0.70135 |
| Next High | 0.69294 |
| Current Price | 0.68917 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.69294 – 0.6904 – 0.69168 – 0.68823 – 0.68649 – 0.6877 —
0.68916 – 0.68992 —
43.923574722648 – 51.378324886463 —
– —
0.69294 – 1782842400
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –