The pair Australian Dollar/US Dollar (AUD/USD) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.70549 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.
And also a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70937 |
| 2nd High | 0.70821 |
| Next High | 0.70549 |
| Current Price | 0.69977 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.70549 – 0.70821 – 0.70937 – 0.69769 – 0.69686 – 0.70204 —
0.70055 – 0.70020 —
39.966592698242 – 33.792209133745 —
– —
0.70549 – 1769736600
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –