AUD/USD – 30M – BUYThe combination Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.7088 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.70373 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71486 |
| 2nd High | 0.71433 |
| Next High | 0.7088 |
| Current Price | 0.70811 |
| Next Low | 0.70373 |
| 2nd Low | 0.70313 |
| 3rd Low | 0.70207 |
0.7088 – 0.70529 – 0.70548 – 0.70373 – 0.70313 – 0.70207 —
0.70770 – 0.70788 —
63.487628818643 – 61.132184344444 —
– —
0.7088 – 1781485200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –