The combination Australian Dollar/US Dollar (AUD/USD) jumps from the descending trendline up.
An ascending movement upwards to the next resistance level at 0.62358 is likely expected.
Caution: A possible change in the direction of the support level at 0.61976 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.63021 |
2nd High | 0.62878 |
Next High | 0.62358 |
Current Price | 0.62082 |
Next Low | 0.61976 |
2nd Low | 0.61918 |
3rd Low | 0.61788 |