The pair Australian Dollar/US Dollar (AUD/USD) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.70529 is expected.
Caution: A possible change in the direction of support at 0.70207 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
Besides a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.70548 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 0.70529 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70623 |
| 2nd High | 0.70548 |
| Next High | 0.70529 |
| Current Price | 0.70512 |
| Next Low | 0.70207 |
| 2nd Low | 0.69786 |
| 3rd Low | 0.6898 |
0.70529 – 0.70548 – 0.70116 – 0.70207 – 0.69786 – 0.6987 —
0.70501 – 0.70473 —
53.60609183238 – 50.222444630252 —
– —
0.70529 – 1781265600
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –