The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.65002 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.65455 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.65455 |
| Current Price | 0.65187 |
| Next Low | 0.65002 |
| 2nd Low | 0.64967 |
| 3rd Low | 0.64895 |
0.65455 – 0.65313 – 0.65327 – 0.65002 – 0.64967 – 0.65147
Trading Signals: FOREX – AUD – AUD/USD – USD – Last Engulfing Top