AUD/USD – 1H – BUYThe currency pair goes from the bullish trendline down.
A descending movement downwards to the next support line at 0.66580 will continue.
Caution: A possible change in the direction of the resistance zone at 0.67257 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.670845 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.67257 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67589 |
| 2nd High | 0.67324 |
| Next High | 0.67257 |
| Current Price | 0.67031 |
| Next Low | 0.66580 |
| 2nd Low | 0.66564 |
| 3rd Low | 0.66218 |