Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Sellers’ momentum is decreasing
AUDUSD Price Analysis – 23 February
The price may fall to the $0.63, $0.62, and $0.61 support levels if sellers are successful in holding the $0.64 resistance level. When buyers get more momentum, the resistance level of $0.64 might be broken higher, and the price might then increase due to the upward momentum to levels of $0.65 and $0.66
AUD/USD Market
Key levels:
Resistance levels: $0.64, $0.65, $0.66
Support levels: $0.63, $0.62, $0.61
AUDUSD Long-term Trend: Bearish
AUDUSD is on a bearish movement in daily chart. On June 16, the currency pair tried to overcome the $0.68 resistance level. Two tests have been conducted on the aforementioned level. There was a second interaction on July 13. The price bounced off the previously mentioned significant resistance level, which is still in place. A strong daily bearish candle formed a double-top chart pattern by breaking through the $0.66 level to test the $0.63 support level.
The currency pair is currently attempting to break through $0.63 in order to maintain its bearish trend. The 9-period and 21-period exponential moving averages of the AUDUSD currency pair are currently trading below each other, which suggests a negative trend. The Relative Strength Index’s period 14 signal lines are pointing downward at levels of 31. The price may fall to the $0.63, $0.62, and $0.61 support levels if sellers are successful in holding the $0.64 resistance level. When buyers get more momentum, the resistance level of $0.64 might be broken higher, and the price might then increase due to the upward momentum to levels of $0.65 and $0.66.
AUDUSD medium-term Trend: Bearish
AUDUSD is bearish on the 4-hour chart. The upward momentum on July 14 forced the price to test the $0.68 barrier level. It pulled back and made an effort to hold at the $0.67 support level. The price was under increased seller pressure the following day, reaching a low of $0.64. As more bearish candles appeared, a further price decline was anticipated and the low of $0.63 level was reached.
AUDUSD fell and tested support at $0.64. A bearish market is currently being indicated by the price small underperformance of the 9-period and 21-period exponential moving averages. A sell signal is indicated by fallen signal lines and the Relative Strength Index period 14 at 47 levels.
You can purchase Lucky Block here. Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
