The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.65322 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.64968 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.65457 |
2nd High | 0.65441 |
Next High | 0.65322 |
Current Price | 0.65111 |
Next Low | 0.64968 |
2nd Low | 0.64841 |
3rd Low | 0.64819 |