AUD/USD – 1H – BUYThe combination Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance at 0.65073 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.64474 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65815 |
| 2nd High | 0.65496 |
| Next High | 0.65073 |
| Current Price | 0.64960 |
| Next Low | 0.64474 |
| 2nd Low | 0.64337 |
| 3rd Low |