Sell AUD/USD – 1H – SELL

The currency pair Australian Dollar/US Dollar (AUD/USD) goes from the descending trendline down.

A continuation of the downward movement down to the next support at 0.69786 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.70548 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.70778
2nd High 0.70701
Next High 0.70548
Current Price 0.70390
Next Low 0.69786
2nd Low 0.6898
3rd Low 0.68759

0.70548 – 0.70116 – 0.7037 – 0.69786 – 0.6987 – 0.70047 —
0.70399 – 0.70529 —
58.91434020685 – 61.515697177932 —
– —
0.70548 – 1781215200

Trading Signals:

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