The combination Australian Dollar/US Dollar (AUD/USD) goes from the bearish trendline down.
A continuation of the downward movement down to the next support at is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.6927 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70187 |
| 2nd High | 0.70135 |
| Next High | 0.6927 |
| Current Price | 0.68972 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.6927 – 0.69074 – 0.70135 – 0.6875 – 0.68864 – 0.6882 —
0.68997 – 0.69095 —
47.867025167773 – 53.235728525093 —
– —
0.6927 – 1782414000
Trading Signals: FOREX – AUD – AUD/USD – USD – – Symmetrical Triangle Chart Pattern – – – – – – – –