The pair Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.72215 will persist.
Caution: A possible change in the direction of support at 0.71012 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.72215 |
| Current Price | 0.71985 |
| Next Low | 0.71012 |
| 2nd Low | 0.70769 |
| 3rd Low | 0.70287 |
0.71893 – 0.71995 – 0.71629 – 0.71012 – 0.71505 – 0.71107 —
0.71559 – 0.72027 —
57.402254996115 – 71.615215976663 —
– —
0.71893 – 1777431600
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –