AUD/USD – 30M – SELLThe combination moves from the bullish trendline down.
A bearish movement downwards to the next support at 0.66774 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.66947 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.66675572 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.66947 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67231 |
| 2nd High | 0.66988 |
| Next High | 0.66947 |
| Current Price | 0.66807 |
| Next Low | 0.66774 |
| 2nd Low | 0.66504 |
| 3rd Low | 0.66218 |