AUD/USD – 30M – SELLThe currency pair moves from the ascending trendline downwards
A bearish movement downwards to the next support at 0.66207 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.66611 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.66137 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.66611 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66947 |
| 2nd High | 0.66913 |
| Next High | 0.66611 |
| Current Price | 0.66225 |
| Next Low | 0.66207 |
| 2nd Low | 0.66137 |
| 3rd Low |