AUD/USD – 30M – BUYThe combination Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 0.71356 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.71143 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71663 |
| 2nd High | 0.71629 |
| Next High | 0.71356 |
| Current Price | 0.71398 |
| Next Low | 0.71143 |
| 2nd Low | 0.71107 |
| 3rd Low | 0.71098 |
0.71356 – 0.71629 – 0.71579 – 0.71143 – 0.71107 – 0.71325 —
0.71318 – 0.71400 —
49.95158094587 – 47.367027759487 —
– —
0.71356 – 1777003200
Trading Signals: FOREX – AUD – AUD/USD – USD – – Rising Wedge Chart Pattern – – – – – – – –