AUD/USD – 30M – BUYThe pair goes from the bullish trendline downwards
A bearish movement downwards to the next support line at 0.67852 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.68100 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.68159272 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.68100 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.68547 |
| 2nd High | 0.68518 |
| Next High | 0.68100 |
| Current Price | 0.67931 |
| Next Low | 0.67852 |
| 2nd Low | 0.67826 |
| 3rd Low | 0.67372 |