AUD/USD – 30M – BUYThe combination Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.71663 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.71271 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71758 |
| 2nd High | 0.71693 |
| Next High | 0.71663 |
| Current Price | 0.71645 |
| Next Low | 0.71271 |
| 2nd Low | 0.71255 |
| 3rd Low | 0.71143 |
0.71356 – 0.71629 – 0.71579 – 0.71271 – 0.71255 – 0.71143 —
0.71695 – 0.71671 —
68.422598504044 – 58.060254826364 —
– —
0.71356 – 1777003200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –