The combination Australian Dollar/US Dollar (AUD/USD) moves from the ascending trendline down.
A descending movement downwards to the next support line at 0.64358 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.64685 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65179 |
| 2nd High | 0.65023 |
| Next High | 0.64685 |
| Current Price | 0.64664 |
| Next Low | 0.64358 |
| 2nd Low | 0.64208 |
| 3rd Low | 0.64147 |
0.64685 – 0.6467 – 0.64656 – 0.64358 – 0.64417 – 0.64486 —
0.64564 – 0.64747 —
47.23068558324 – 62.144383679733 —
– —
0.64685 – 1764039600
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –