The combination Australian Dollar/US Dollar (AUD/USD) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.6566 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.6537 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
In addition a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65972 |
| 2nd High | 0.65798 |
| Next High | 0.6566 |
| Current Price | 0.65448 |
| Next Low | 0.6537 |
| 2nd Low | 0.65358 |
| 3rd Low | 0.65199 |
0.6566 – 0.65566 – 0.65588 – 0.6537 – 0.65358 – 0.65199 —
0.65425 – 0.65424 —
38.151321839078 – 44.822638905083 —
– —
0.65660 – 1764601200
Trading Signals: FOREX – AUD – AUD/USD – USD – – Double bottom retreat down – – – – – – – –