AUD/USD – 1H – BUYMoreover a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.64859 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.65023 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.6537 |
| 2nd High | 0.65179 |
| Next High | 0.65023 |
| Current Price | 0.64539 |
| Next Low | 0.64208 |
| 2nd Low | 0.64147 |
| 3rd Low | 0.64142 |
0.65023 – 0.65179 – 0.6537 – 0.64208 – 0.64358 – 0.64507 —
0.64653 – 0.64602 —
58.165725799323 – 49.104769671174 —
– —
0.65023 – 1763654400
Trading Signals: FOREX – AUD – AUD/USD – USD – – Double bottom chart pattern – – – – – – – –