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 – June 24
The AUDUSD pair has been trending upward for the first 4 days of the week, lingering at the top end of its intraday trading range, around 0.7586, heading into the American session. Following a slight bounce in the prior day, the US Dollar Index struggles for traction while focusing switches to the US’ important macroeconomic data releases.
Key Levels
Resistance Levels: 0.7800, 0.7700, 0.7600
Support Levels: 0.7531, 0.7476, 0.7350AUDUSD Long term Trend: Ranging
AUDUSD is approaching the weekly resistance around 0.7600 in the European session on Thursday. As a result, the Australian pair validates its rebound from the ascending trendline support at 0.7476 level. After trading below the weekly high in the first half of the day, keeping AUDUSD’s constrained, the bulls are back.
However, buyers remain optimistic due to strong momentum and trading past the weekly rising support line. As a result, AUDUSD traders should wait for a clear break of the area between the indicated moving average (5 and 13) which is now around 0.7600 and 0.7531 levels, respectively.AUDUSD Short term Trend: Ranging
Beyond the mid 0.7500 marks, the AUDUSD continues in a range, with the intraday tilting first towards the 0.7600 level. A further gain could ensure that the 0.7600 thresholds is been crossed. The short-term gain from 0.7476 to 0.7599 might reach 0.7700 levels.
However, given the prolonged consolidation state in the 4 hour RSI, a return to the 0.7476 support level could imply a short-term topping. The intraday bias will be shifted back to the downside as the market corrects towards a weaker support level at 0.7400.
Note: Learn2.trade 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
- 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
- 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