The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at will continue.
Caution: A possible counter-trend in the direction of support at 0.71353 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.72374 |
| Next Low | 0.71353 |
| 2nd Low | 0.71012 |
| 3rd Low | 0.69869 |
0.72274 – 0.71995 – 0.71856 – 0.71353 – 0.71012 – 0.71107 —
0.71822 – 0.72472 —
50.763112932481 – 58.956179970697 —
– —
0.72274 – 1777651200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –