AUD/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.67322 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.67670 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.68161 |
| 2nd High | 0.67945 |
| Next High | 0.67670 |
| Current Price | 0.67383 |
| Next Low | 0.66919 |
| 2nd Low | 0.66564 |
| 3rd Low | 0.66218 |