AUD/USD – 1H – SELLThe currency pair jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.66580 is expected.
Caution: A possible change in the direction of the resistance line at 0.67100 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67324 |
| 2nd High | 0.67257 |
| Next High | 0.67100 |
| Current Price | 0.66992 |
| Next Low | 0.66580 |
| 2nd Low | 0.66564 |
| 3rd Low | 0.66218 |