AUD/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.650155 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.65183 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65322 |
| 2nd High | 0.65212 |
| Next High | 0.65183 |
| Current Price | 0.64981 |
| Next Low | 0.64709 |
| 2nd Low | 0.64476 |
| 3rd Low | 0.64426 |