AUDUSD Price Bounce Off $0.64 Resistance Zone

Down may continue in AUDUSD market

AUDUSD Price Analysis – 26 February

AUDUSD may be increased to roughly $0.64 or even $0.65 if buyers are willing to pay more than the $0.63 hedge. Prices may fall to the $0.61 and $0.60 support levels if sellers are able to drive the market below the $0.62 support position.

Key levels:

Resistance levels: $0.63, $0.64, $0.65

Support levels: $0.62, $0.61, $0.60

AUDUSD Long-term Trend: Bullish

Every day, the AUDUSD’s value increases. A double bottom chart pattern appeared on January 13, signaling the start of a rising trend for the currency brace. The sweat of the bears caused the price to fall by $0.60. The price had fallen from the initial estimate to $0.64 by the time deals began to fall. The price of the AUDUSD is currently over the cutoff at $0.60. The $0.62 hedge is undergoing an update. The request to test the $0.63 resistance position was dropped last week. The current situation supports the bulls’ vaticinator of a successful ascent to $0.63.

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When the blue QQE MOD indicator’s histogram rises above zero, it indicates a buy forex signal. The price may be increased to roughly $0.64 or even $0.65 if buyers are willing to pay more than the $0.63 hedge. Prices may fall to the $0.61 and $0.60 support levels if sellers are able to drive the market below the $0.62 support position. The request is considered bullish when the currency brace clears the Hull Suite forex signals index.

AUDUSD medium-term Trend: Bearish

The 4-hour chart of the Australian bone indicates a downward trend. For more than two weeks, the currency brace’s movement was restrained by the $0.62 hedging position. Prices ranged from $0.61 to $0.62. More bearish candles burned last week as the price began to fall below the dynamic hedge position. The 4-hour candle that closed below $0.63 last week looks unreliastic on the chart. However, if the previous mobility constraint is removed, the falling tendency may continue.

.64 Resistance Zone" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/02/4-hours-69.png"/> I believe that the AUDUSD request may keep falling. Both the red histogram and the QQE MOD are below zero and exhibit a strong bearish trend.

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