AUD/USD – 30M – SELLAdditionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the ascending trendline downwards
The bearish trend down to the next support at 0.7071 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.71478 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71871 |
| 2nd High | 0.71604 |
| Next High | 0.71478 |
| Current Price | 0.70691 |
| Next Low | 0.7071 |
| 2nd Low | 0.7053 |
| 3rd Low | 0.69813 |
0.71478 – 0.71604 – 0.71871 – 0.7071 – 0.70718 – 0.7111 —
0.70794 – 0.70886 —
35.120105320775 – 44.067221815082 —
– —
0.71478 – 1773325800
Trading Signals: FOREX – AUD – AUD/USD – USD – – Symmetrical Triangle Chart Pattern – – – – – – – –