AUD/USD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.66805886 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.66913 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66988 |
| 2nd High | 0.66947 |
| Next High | 0.66913 |
| Current Price | 0.66570 |
| Next Low | 0.66137 |
| 2nd Low | |
| 3rd Low |