The combination Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support line at 0.64507 will persist.
Caution: A possible change in the direction of the resistance level at 0.64909 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65179 |
| 2nd High | 0.64924 |
| Next High | 0.64909 |
| Current Price | 0.64786 |
| Next Low | 0.64507 |
| 2nd Low | 0.644 |
| 3rd Low | 0.64147 |
0.64909 – 0.64924 – 0.65179 – 0.64507 – 0.6476 – 0.64821 —
0.64815 – 0.64853 —
51.411971163569 – 56.280916651448 —
– —
0.64909 – 1763602200