The combination Australian Dollar/US Dollar (AUD/USD) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 0.63990 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.64553 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.65043 |
2nd High | 0.64935 |
Next High | 0.64553 |
Current Price | 0.64129 |
Next Low | 0.63990 |
2nd Low | |
3rd Low |