AUD/USD – 30M – BUYThe combination Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 0.62056 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.61878 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62358 |
| 2nd High | 0.62191 |
| Next High | 0.62056 |
| Current Price | 0.61861 |
| Next Low | 0.61878 |
| 2nd Low | 0.61716 |
| 3rd Low |