The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.71997 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.72638 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.72772 |
| Next High | 0.72638 |
| Current Price | 0.72412 |
| Next Low | 0.71997 |
| 2nd Low | 0.71765 |
| 3rd Low | 0.71353 |
0.72638 – 0.72772 – 0.71974 – 0.71997 – 0.72237 – 0.71765 —
0.72395 – 0.72454 —
60.377173103828 – 63.531314825064 —
– —
0.72638 – 1778151600
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –