AUD/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.64035284 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.64446 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65043 |
| 2nd High | 0.64553 |
| Next High | 0.64446 |
| Current Price | 0.64299 |
| Next Low | 0.63724 |
| 2nd Low | |
| 3rd Low |