AUD/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.62289552 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.62742 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.63548 |
| 2nd High | 0.63269 |
| Next High | 0.62742 |
| Current Price | 0.62581 |
| Next Low | 0.62437 |
| 2nd Low | 0.62147 |
| 3rd Low | 0.61987 |