AUD/USD – 30M – SELLThe pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support level at is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.70371 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70751 |
| 2nd High | 0.70412 |
| Next High | 0.70371 |
| Current Price | 0.70086 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.70371 – 0.70412 – 0.70751 – 0.69888 – 0.70071 – 0.70006 —
0.70153 – 0.70125 —
50.84805928806 – 51.073967633785 —
– —
0.70371 – 1781803800
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –