AUD/USD – 30M – SELLThe pair jumps from the bullish trendline downwards
A bearish movement down to the next support level at 0.68177 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.69078 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.68538 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.69078 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.69078 |
| Current Price | 0.68799 |
| Next Low | 0.68177 |
| 2nd Low | 0.68139 |
| 3rd Low | 0.67998 |