AUD/USD – 1H – BUY

The combination Australian Dollar/US Dollar (AUD/USD) jumps from the descending trendline upwards

A bullish movement upwards to the next resistance line at 0.70427 is expected.

Caution: A possible trend reversal in the direction of the support zone at 0.6958 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

0.70427 – 0.70499 – 0.69701 – 0.6958 – 0.69803 – 0.69351 —
0.69850 – 0.69819 —
41.437313083439 – 41.314613327084 —
– —
0.70427 – 1770199200

Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –