AUD/USD – 30M – BUYThe pair moves from the bullish trendline down.
A bearish descent downwards to the next support level at 0.66717 is expected.
Caution: A possible change in the direction of resistance at 0.67180 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 0.67257 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 0.67180 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67324 |
| 2nd High | 0.67257 |
| Next High | 0.67180 |
| Current Price | 0.67117 |
| Next Low | 0.66717 |
| 2nd Low | 0.66591 |
| 3rd Low | 0.66580 |