The combination Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.71443 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.70727 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.71467 |
| Next High | 0.71443 |
| Current Price | 0.71231 |
| Next Low | 0.70727 |
| 2nd Low | 0.70559 |
| 3rd Low | 0.70261 |
0.71162 – 0.70699 – 0.70733 – 0.70727 – 0.70559 – 0.70261 —
0.71239 – 0.71228 —
71.126086518662 – 64.907904348861 —
– —
0.71162 – 1772010000
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –