AUD/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.66767148 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.67100 is within the realm of possibility.
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 | 0.66946 |
| Next Low | 0.66717 |
| 2nd Low | 0.66591 |
| 3rd Low | 0.66580 |