The pair Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.62522 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.62241 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.62742 |
2nd High | 0.62646 |
Next High | 0.62522 |
Current Price | 0.62410 |
Next Low | 0.62241 |
2nd Low | 0.62184 |
3rd Low | 0.62147 |