AUD/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.69117684 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 0.69420 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.69420 |
| Current Price | 0.68922 |
| Next Low | 0.68678 |
| 2nd Low | 0.68177 |
| 3rd Low | 0.68139 |