AUD/USD – 1H – BUYThe currency pair Australian Dollar/US Dollar (AUD/USD) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 0.68744 is certain.
Caution: A possible trend reversal in the direction of the support level at should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70621 |
| 2nd High | 0.70132 |
| Next High | 0.68744 |
| Current Price | 0.69025 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.68744 – 0.70132 – 0.70621 – 0.68329 – 0.68425 – 0.68715 —
0.68864 – 0.69034 —
61.070189412136 – 62.436163776824 —
– —
0.68744 – 1774929600
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –