AUD/USD – 30M – SELLThe currency pair Australian Dollar/US Dollar (AUD/USD) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at is expected.
Caution: A possible change in the direction of resistance at 0.67091 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.667683 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.67091 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.6727 |
| 2nd High | 0.67093 |
| Next High | 0.67091 |
| Current Price | 0.66827 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.67091 – 0.67067 – 0.67093 – 0.66707 – 0.66948 – 0.66741 —
0.66850 – 0.66941 —
37.825069269821 – 55.996575294325 —
– —
0.67091 – 1768566600
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –