The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.62257 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.62002 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.62646 |
2nd High | 0.62539 |
Next High | 0.62257 |
Current Price | 0.62421 |
Next Low | 0.62002 |
2nd Low | 0.61987 |
3rd Low |