AUD/USD – 30M – SELLThe combination goes from the ascending trendline down.
A bearish movement downwards to the next support line at 0.67411 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.68200 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.67313 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 0.68200 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.68237 |
| Next High | 0.68200 |
| Current Price | 0.67424 |
| Next Low | 0.67411 |
| 2nd Low | 0.67313 |
| 3rd Low | 0.66965 |