The combination Australian Dollar/US Dollar (AUD/USD) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.70427 is expected.
Caution: A possible change in the direction of the support zone at 0.68966 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.
And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70937 |
| 2nd High | 0.70499 |
| Next High | 0.70427 |
| Current Price | 0.69852 |
| Next Low | 0.68966 |
| 2nd Low | 0.68339 |
| 3rd Low | 0.67271 |
0.70427 – 0.70499 – 0.69701 – 0.68966 – 0.6958 – 0.69803 —
0.69464 – 0.69779 —
40.08168947312 – 59.382046081245 —
– —
0.70427 – 1770199200
Trading Signals: FOREX – AUD – AUD/USD – USD – – Symmetrical Triangle Chart Pattern – – – – – – – –