AUD/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.68232448 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.68358 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 | 0.68388 |
| Next High | 0.68358 |
| Current Price | 0.68181 |
| Next Low | 0.67967 |
| 2nd Low | 0.67826 |
| 3rd Low | 0.67372 |