The currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 0.71871 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.71293 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.71871 |
| Current Price | 0.71720 |
| Next Low | 0.71293 |
| 2nd Low | 0.71098 |
| 3rd Low | 0.70769 |
0.71477 – 0.71475 – 0.71022 – 0.71293 – 0.71098 – 0.70769 —
0.71657 – 0.71688 —
64.587808258126 – 59.329991536667 —
– —
0.71477 – 1776249000
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –