AUD/USD – 1H – SELLThe pair jumps from the ascending trendline down.
The bearish trend down to the next support level at 0.67372 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.68200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.68237 |
| Next High | 0.68200 |
| Current Price | 0.67962 |
| Next Low | 0.67372 |
| 2nd Low | 0.66919 |
| 3rd Low | 0.66564 |