AUD/USD – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 0.66465 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.66465 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66913 |
| 2nd High | 0.66611 |
| Next High | 0.66465 |
| Current Price | 0.66340 |
| Next Low | 0.65785 |
| 2nd Low | 0.65536 |
| 3rd Low | 0.65394 |