The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.65225 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.65787 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65899 |
| 2nd High | 0.65884 |
| Next High | 0.65787 |
| Current Price | 0.65325 |
| Next Low | 0.65225 |
| 2nd Low | 0.65078 |
| 3rd Low | 0.64840 |
0.65787 – 0.65884 – 0.65899 – 0.65366 – 0.65429 – 0.65614 — 37.111207131128 – 34.733868065647 — 45.176302305303 – 32.416820946245 – 52.288158010757 – 43.237589268574
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – Double bottom chart pattern – –