AUD/USD – 1H – SELLThe currency pair goes from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.65792 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.66099 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66611 |
| 2nd High | 0.66465 |
| Next High | 0.66099 |
| Current Price | 0.65824 |
| Next Low | 0.65792 |
| 2nd Low | |
| 3rd Low |