Theko ea AUDUSD: Bareki ba ntse ba itokisetsa ho busa ka botlalo

Azeez Mustapha

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Buyers increases in number AUDUSD market

Tlhahlobo ea Theko ea AUDUSD - 13 March

If buyers are determined enough to break through the $0.66 barrier, they might be able to push the price up to about $0.67 or even $0.68.  If sellers are successful in driving AUDUSD below the $0.65 support level, the price may fall to the $0.64 and $0.63 support levels.

Mekhahlelo ea mantlha:

Maemo a ho hanyetsa: $ 0.66, $ 0.67, $ 0.68

Mehato ea tšehetso: $ 0.65, $ 0.64, $ 0.63

Tloaelo ea nako e telele ea AUDUSD: Bullish

Chate ea letsatsi le letsatsi e bontša hore AUDUSD value is rising. On February 15, a large bullish candle developed, signaling the beginning of a bullish trend for the currency pair. The bears’ pressure caused a $0.63 drop in price. When sales started to gather up momentum, the price dropped to $0.63.  At $0.66, a resistance level test was conducted. On February 22, it pulled back to challenge the $0.64 mark. The price is already approaching $0.66, which was the previous high.

Theko ea AUDUSD: Bareki ba ntse ba itokisetsa ho busa ka botlalo

When the currency pair rises over the Hull Suite forex signals indicator, the market is considered bullish. A buy pontšo ea forex is displayed when the blue histogram of the QQE MOD indicator is above the zero level. If buyers are determined enough to break through the $0.66 barrier, they might be able to push the price up to about $0.67 or even $0.68.  If sellers are successful in driving the price below the $0.65 support level, the price may fall to the $0.64 and $0.63 support levels.

Mokhoa oa AUDUSD oa nako e mahareng: Bullish

The Australian dollar’s 4-hour chart shows an increasing trend. The $0.65 barrier level restrained the currency pair’s movement for over three weeks. Prices range from $0.64 to $0.63. This morning’s 4-hour candle closed below $0.65, and the chart showed a bullish candle. An upward trend is established if the level that was previously defined is breached.

Theko ea AUDUSD: Bareki ba ntse ba itokisetsa ho busa ka botlalo

I believe there’s a possibility the AUDUSD market will continue to rise. The blue histogram and the QQE MOD, both of which are above zero, indicate a bullish trend.

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Azeez Mustapha

Azeez Mustapha ke setsebi sa khoebo, mohlahlobi oa lichelete, leano la lipontšo, le molaoli oa lichelete ea nang le boiphihlelo bo fetang lilemo tse leshome lebaleng la lichelete. Joaloka blogger le sengoli sa lichelete, o thusa batseteli ho utloisisa likhopolo tse rarahaneng tsa lichelete, ho ntlafatsa tsebo ea bona ea ho tsetela le ho ithuta ho sebelisa chelete ea bona hantle.

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