AUD/USD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.68204754 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.69078 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.69078 |
| Current Price | 0.68362 |
| Next Low | 0.68139 |
| 2nd Low | 0.67998 |
| 3rd Low | 0.67967 |