The combination Australian Dollar/US Dollar (AUD/USD) jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.64208 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.64656 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65179 |
| 2nd High | 0.65023 |
| Next High | 0.64656 |
| Current Price | 0.64591 |
| Next Low | 0.64208 |
| 2nd Low | 0.64147 |
| 3rd Low | 0.64142 |
0.64656 – 0.64603 – 0.64571 – 0.64208 – 0.6437 – 0.64358 —
0.64627 – 0.64613 —
59.306640901088 – 57.612169991967 —
– —
0.64656 – 1763946000
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –