Buy AUD/USD – 1H – BUY

The combination Australian Dollar/US Dollar (AUD/USD) breaks through the ascending trendline up.

A continuation of the uptrend upwards to the next resistance at 0.6943 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.68837 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Support & Resistance Price Range*
3rd High 0.70187
2nd High 0.70135
Next High 0.6943
Current Price 0.69297
Next Low 0.68837
2nd Low 0.68823
3rd Low 0.68649

0.6943 – 0.69156 – 0.69294 – 0.68837 – 0.68823 – 0.68649 —
0.69304 – 0.69202 —
59.189629269895 – 52.943109742218 —
– —
0.6943 – 1783011600

Trading Signals:

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