AUD/USD – 30M – SELLThe combination Australian Dollar/US Dollar (AUD/USD) jumps from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.64841 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.65441 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65569 |
| 2nd High | 0.65457 |
| Next High | 0.65441 |
| Current Price | 0.65149 |
| Next Low | 0.64841 |
| 2nd Low | 0.64819 |
| 3rd Low | 0.64476 |