AUD/USD – 30M – BUYThe combination Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.63021 is certain.
Caution: A possible change in the direction of support at 0.62342 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.6277438 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.63021 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.63548 |
| 2nd High | 0.63269 |
| Next High | 0.63021 |
| Current Price | 0.62521 |
| Next Low | 0.62342 |
| 2nd Low | 0.62049 |
| 3rd Low | 0.61976 |