The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.68823 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.69294 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70187 |
| 2nd High | 0.70135 |
| Next High | 0.69294 |
| Current Price | 0.69006 |
| Next Low | 0.68823 |
| 2nd Low | 0.68649 |
| 3rd Low | 0.68594 |
0.69294 – 0.6904 – 0.69168 – 0.68823 – 0.68649 – 0.6877 —
0.68944 – 0.69105 —
45.763075624187 – 55.486534899476 —
– —
0.69294 – 1782842400
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –