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Uhlalutyo lwexabiso le-AUDUSD - 11 Meyi
AUDUSD may move above the $0.67, $0.68, and $0.69 resistance levels if buyers are successful in holding the $0.66 support level. If sellers get additional momentum, the support level of $0.66 might be broken lower, and the price might subsequently decrease as a result of the downward momentum to levels of $0.65 and $0.63
AUD / USD Market
Amanqanaba aphambili:
Amanqanaba okumelana: $ 0.67, $ 0.68, $ 0.69
Amanqanaba enkxaso: $ 0.66, $ 0.65, $ 0.63
I-AUDUSD yexesha elide iTrend: Bullish
AUDUSD is on a bullish movement in the daily chart. On the daily time period, a double bottom chart pattern is developed. The $0.65 level of support was tested on March 7. A bullish engulfing candle pattern is visible at the previous level. This can be a sign of market bulls getting upset. The price rose beyond the reliable $0.66 barrier. The price has overcome the barrier, it advances toward the $0.67 resistance wall. A bullish momentum is struggling to break up the $0.67 level.
The currency pair is attempting to move upward and cross above the 9-period and 21-period exponential moving averages, which suggests a bullish advance. The AUDUSD may move above the $0.67, $0.68, and $0.69 resistance levels if buyers are successful in holding the $0.66 support level. If sellers get additional momentum, the support level of $0.66 might be broken lower, and the price might subsequently decrease as a result of the downward momentum to levels of $0.65 and $0.63.
I-AUDUSD yexesha eliphakathi Trend: Bullish
AUDUSD is bullish on the 4-hour chart. A couple of weeks ago, the price began to increase and contend with the $0.67 resistance level. The price fell toward the previous low of $0.65 while being supported by sellers near the aforementioned level. Vendors are now stopped by customers even before they enter the market. Price retested the prior low last week, creating a double-bottom chart pattern. The market is dominated by buyers.
I-AUDUSD ithengisa kancinci ngaphezu kwexesha le-9 kunye ne-21-period exponential move averages. Ixesha le-Relative Strength Index I-14 ikhomba kumanqanaba angama-53, ebonisa uphawu lokuthenga.
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