AUD/USD – 1H – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.66913 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.65120 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67231 |
| 2nd High | 0.66947 |
| Next High | 0.66913 |
| Current Price | 0.66854 |
| Next Low | 0.65120 |
| 2nd Low | |
| 3rd Low |