Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.
The currency pair Australian Dollar/US Dollar (AUD/USD) goes from the ascending trendline down.
A bearish descent down to the next support line at is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.69168 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70037 |
| 2nd High | 0.6927 |
| Next High | 0.69168 |
| Current Price | 0.68936 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.69168 – 0.6927 – 0.69074 – 0.6875 – 0.68864 – 0.6882 —
0.69168 – 0.69011 —
65.317569011954 – 46.051281517705 —
0.69168 – 1782493200 —
– 1782493200
Trading Signals: FOREX – AUD – AUD/USD – USD – – Symmetrical Triangle Chart Pattern – – – – – – – –