The pair Australian Dollar/US Dollar (AUD/USD) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.72274 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.71353 should be noted.
Consider stop-loss settings accordingly.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.72274 |
| Current Price | 0.72427 |
| Next Low | 0.71353 |
| 2nd Low | 0.71012 |
| 3rd Low | 0.69869 |
0.72274 – 0.71995 – 0.71856 – 0.71353 – 0.71012 – 0.71107 —
0.71974 – 0.72410 —
54.553850971849 – 61.056882243559 —
– —
0.72274 – 1777651200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –