The currency pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.71663 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71758 |
| 2nd High | 0.71693 |
| Next High | 0.71663 |
| Current Price | 0.71533 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.71663 – 0.71693 – 0.71758 – 0.71363 – 0.71459 – 0.71298 —
0.71465 – 0.71576 —
40.252309486349 – 54.874981881333 —
– —
0.71663 – 1776915000
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –