AUD/USD – 1H – BUYThe pair breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 0.67589 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.67245 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.68100 |
| 2nd High | 0.67615 |
| Next High | 0.67589 |
| Current Price | 0.67249 |
| Next Low | 0.67245 |
| 2nd Low | 0.67001 |
| 3rd Low | 0.66919 |