AUD/USD – 1H – SELLThe combination jumps from the descending trendline down.
A continuation of the bearish trend down to the next support line at 0.65792 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.66099 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66611 |
| 2nd High | 0.66465 |
| Next High | 0.66099 |
| Current Price | 0.65632 |
| Next Low | 0.65792 |
| 2nd Low | |
| 3rd Low |