AUD/USD – 1H – SELLThe combination Australian Dollar/US Dollar (AUD/USD) goes from the descending trendline down.
A continuation of the downward movement down to the next support line at 0.64819 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.65441 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65815 |
| 2nd High | 0.65457 |
| Next High | 0.65441 |
| Current Price | 0.64862 |
| Next Low | 0.64819 |
| 2nd Low | 0.64476 |
| 3rd Low | 0.64426 |