AUD/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.66678 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.67257 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67589 |
| 2nd High | 0.67324 |
| Next High | 0.67257 |
| Current Price | 0.66620 |
| Next Low | 0.66564 |
| 2nd Low | 0.66218 |
| 3rd Low |