AUD/USD – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.6677 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.67322 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67945 |
| 2nd High | 0.67670 |
| Next High | 0.67322 |
| Current Price | 0.66968 |
| Next Low | 0.66564 |
| 2nd Low | 0.66218 |
| 3rd Low | 0.65953 |