AUD/USD – 30M – SELLThe pair moves from the bearish trendline down.
A continuation of the bearish trend down to the next support at 0.66678 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.67257 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.66678 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.67257 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67373 |
| 2nd High | 0.67324 |
| Next High | 0.67257 |
| Current Price | 0.66736 |
| Next Low | 0.66678 |
| 2nd Low | 0.66564 |
| 3rd Low | 0.66218 |