AUD/USD – 1H – SELLThe pair moves from the ascending trendline downwards
The bearish trend down to the next support line at 0.68984 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.69420 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 | 0.69420 |
| Current Price | 0.68882 |
| Next Low | 0.68984 |
| 2nd Low | 0.68678 |
| 3rd Low | 0.68177 |