AUD/USD – 1H – BUYThe currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.64934 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.64339 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.64934 |
| Current Price | 0.64887 |
| Next Low | 0.64339 |
| 2nd Low | 0.63652 |
| 3rd Low | 0.63557 |
0.64934 – 0.64695 – 0.64268 – 0.64339 – 0.63652 – 0.63557