The pair Australian Dollar/US Dollar (AUD/USD) goes from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.7096 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.71178 could happen.
Consider stop-loss settings accordingly.
Next a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71604 |
| 2nd High | 0.71478 |
| Next High | 0.71178 |
| Current Price | 0.71133 |
| Next Low | 0.7096 |
| 2nd Low | 0.70443 |
| 3rd Low | 0.69792 |
0.71178 – 0.7094 – 0.70823 – 0.7096 – 0.70443 – 0.69792 —
0.71123 – 0.71230 —
48.51453672092 – 63.472753807411 —
– —
0.71178 – 1773763200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –