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.
Buyers’ momentum is increasing
AUDUSD Price Analysis – 11 January
When buyers acquire more traction, the resistance level of $0.70 may be broken upward, and the positive momentum may continue to the $0.71 and $0.72 levels. In case sellers hold the $0.70 resistance level, AUDUSD may fall to the support levels of $0.68, $0.66, and $0.65.
AUD/USD Market
Key levels:
Resistance levels: $0.70, $0.71, $0.72
Support levels: $0.68, $0.66, $0.65
AUDUSD Long-term Trend: Bullish
AUDUSD’s daily chart shows bullish signal. The price was on the ranging movement last week. The price increased to the resistance level of $0.68 following the development of a bullish chart pattern at the support level of $0.62. On 01 December, the bulls began to falter when the price reached a high of $0.68. After retreating, it tested the $0.66 support level once more. Bulls drove AUDUSD higher and the $0.68 level was broken upside. The price is currently facing $0.70 level.
AUDUSD is trading above the 9-period EMA and the 21-period EMA, which suggests that the momentum of buyers is increasing. The signal lines on the Relative Strength Index period 14 are showing a bullish direction at 60 levels. When buyers acquire more traction, the resistance level of $0.70 may be broken upward, and the positive momentum may continue to the $0.71 and $0.72 levels. If sellers hold the $0.70 resistance level, the Price may fall to the support levels of $0.68, $0.66, and $0.65.
AUDUSD medium-term Trend: Bullish
On the 4-hour chart, AUDUSD is bullish. The price was fluctuating within the resistance level of $0.66 and $0.68 levels last week. On 06 January, purchasers gained more momentum and the resistance level of %0.68 was penetrated. It pulled back yesterday and retested the broken level. The price is targeting the resistance level of $0.70.
AUDUSD is trading above the 9-period and 21-period exponential moving averages, which point to a market as bullish. With the signal lines going up to signify a buy signal. The Relative Strength Index period 14 is at 57 levels.
You can purchase Lucky Block here. Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus