AUD/USD – 30M – BUYThe pair moves from the descending trendline upwards
An ascending movement up to the next resistance level at 0.66947 will continue.
Caution: A possible change in the direction of the support level at 0.66756 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.668675 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.66947 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67231 |
| 2nd High | 0.66988 |
| Next High | 0.66947 |
| Current Price | 0.66816 |
| Next Low | 0.66756 |
| 2nd Low | 0.66504 |
| 3rd Low | 0.66218 |