empty
 
 
28.11.2023 11:14 AM
AUD/USD Update for November 28, 2023 - Rising trendline on the test

Technical analysis:

This image is no longer relevant

AUD/USD has been trading sideways 0.6605 and I see potential rejection of the rising trending or the breakout.

In case of the downside breakout of the rising trend-line and support at 0.6575, I see potential for the further drop towards 0.6525 and 0.6455

In case of the rejection of the rising trend-line, I see potential for the further rally towards 0.6700

RSI oscillator is showing neutral reading around 50 level.

Summary
Urgency
Analytic
Petar Jacimovic
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback