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.
AUDUSD Price Analysis – February 27
The AUDUSD pair capitalized on a large USD weakness, after reaching its lowest price level on Wednesday in over 10 years at 0.6540 level while holding on to recent gains on Thursday, the FX pair rebounded, going up by 0.55% daily and presently at 0.6585 level.
Key Levels
Resistance Levels: 0.7085, 0.6878, 0.6750
Support Levels: 0.6540, 0.6479, 0.6000
AUDUSD Long term Trend: Bearish
AUDUSD fluctuates around the lows of the decade, trading beneath the main daily simple moving averages of 5 and 13. In the long-term trend, the decline in AUDUSD from 0.7085 (high) level is still ongoing. This is part of a larger downtrend from 1.1079 (high) level.
The rejection of the upper horizontal resistance line at 0.6750 level confirms the long-term bearish sentiment. The next target is 0.6008 (low) level. The tendency may remain bearish, while the resistance level of 0.7031 stays unchanged, even in the case of a strong rebound.
AUDUSD Short term Trend: Bearish
AUDUSD intraday bias stays on the downside for now. The current downtrend may be aimed at 100% forecasting from 0.6938 to 0.6670 from 0.6750 at the levels of 0.6479 in the following.
On the other hand, above 0.6600 level, near-term resistance may change the neutrality of the intraday bias and again cause consolidation before starting a further decline.
Instrument: AUDUSD
Order: Buy
Entry price: 0.6540
Stop: 0.6479
Target: 0.6670
Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- 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
