AUD/USD – 30M – BUYThe currency pair goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.68200 will continue.
Caution: A possible change in the direction of the support level at 0.67421 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.678055 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.68200 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.68237 |
| Next High | 0.68200 |
| Current Price | 0.67708 |
| Next Low | 0.67421 |
| 2nd Low | 0.67411 |
| 3rd Low | 0.67313 |