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: FOREX – AUD – AUD/USD – USD – – – – – – – – – –