AUD/USD – 1H – SELLThe combination moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 0.68177 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.69154 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.69420 |
| Next High | 0.69154 |
| Current Price | 0.68400 |
| Next Low | 0.68177 |
| 2nd Low | 0.68139 |
| 3rd Low | 0.67826 |