AUD/USD – 1H – SELLThe combination Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at is considered certain.
Caution: A possible change in the direction of the resistance line at 0.64598 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.65371 |
| Next High | 0.64598 |
| Current Price | 0.64256 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.64598 – 0.64532 – 0.65371 – 0.64068 – 0.64097 – 0.64070
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down