AUD/USD – 1H – SELLThe combination Australian Dollar/US Dollar (AUD/USD) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.65192 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65455 |
| 2nd High | 0.65333 |
| Next High | 0.65192 |
| Current Price | 0.64817 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.65192 – 0.65333 – 0.65455 – 0.64560 – 0.64768 – 0.64967