AUD/USD – 1H – BUYThe currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.71178 will persist.
Caution: A possible trend reversal in the direction of support at 0.70487 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.71871 |
| Next High | 0.71178 |
| Current Price | 0.71142 |
| Next Low | 0.70487 |
| 2nd Low | 0.69792 |
| 3rd Low | 0.69558 |
0.71178 – 0.71871 – 0.7185 – 0.70487 – 0.69792 – 0.69558 —
0.71054 – 0.71135 —
61.732063888486 – 55.679547502066 —
– —
0.71178 – 1773763200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –