AUD/USD – 30M – SELLThe combination Australian Dollar/US Dollar (AUD/USD) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 0.69803 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.70427 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70549 |
| 2nd High | 0.70499 |
| Next High | 0.70427 |
| Current Price | 0.70124 |
| Next Low | 0.69803 |
| 2nd Low | 0.69351 |
| 3rd Low | 0.6908 |
0.70427 – 0.70361 – 0.70239 – 0.69803 – 0.69351 – 0.6908 —
0.70244 – 0.70355 —
44.269402431069 – 57.161363245653 —
– —
0.70427 – 1770199200
Trading Signals: FOREX – AUD – AUD/USD – USD – – Double top retreat up – – – – – – – –