AUD/USD – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.66235806 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.66187 could happen.
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 | 0.66187 |
| Current Price | 0.65969 |
| Next Low | 0.65536 |
| 2nd Low | 0.65394 |
| 3rd Low |