AUD/USD – 30M – SELLAlso there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The combination Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline downwards
The bearish trend downwards to the next support line at 0.64881 is likely expected.
Caution: A possible change in the direction of resistance at 0.65004 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65047 |
| 2nd High | 0.65040 |
| Next High | 0.65004 |
| Current Price | 0.64909 |
| Next Low | 0.64881 |
| 2nd Low | 0.64696 |
| 3rd Low | 0.64147 |
0.65004 – 0.64933 – 0.65040 – 0.64881 – 0.64696 – 0.64713 — 49.801278768094 – 47.800359296089 — 34.559536568135 – 34.559536568135 – 23.887199096757 – 33.137102012904
Trading Signals: FOREX – AUD – AUD/USD – USD – – Rising Wedge Chart Pattern – –