AUD/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.622335 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.62313 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.62465 |
| 2nd High | 0.62329 |
| Next High | 0.62313 |
| Current Price | 0.62133 |
| Next Low | 0.62014 |
| 2nd Low | 0.62002 |
| 3rd Low | 0.61987 |