The combination Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.65336 is considered certain.
Caution: A possible change in the direction of the support level at 0.65211 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65798 |
| 2nd High | 0.65394 |
| Next High | 0.65336 |
| Current Price | 0.65331 |
| Next Low | 0.65211 |
| 2nd Low | 0.64836 |
| 3rd Low | 0.64647 |
0.65336 – 0.65394 – 0.65117 – 0.65211 – 0.64836 – 0.64647 —
0.65320 – 0.65328 —
55.395180835492 – 58.945017663436 —
– —
0.65336 – 1764262800
Trading Signals: FOREX – AUD – AUD/USD – USD – – Double top retreat up – – – – – – – –