AUD/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.63363 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.64291 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65043 |
| 2nd High | 0.64712 |
| Next High | 0.64291 |
| Current Price | 0.63635 |
| Next Low | 0.63363 |
| 2nd Low | |
| 3rd Low |