AUD/USD – 30M – BUYThe combination Australian Dollar/US Dollar (AUD/USD) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 0.65235 is expected.
Caution: A possible change in the direction of the support line at 0.65058 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.65294208 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.65235 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65457 |
| 2nd High | 0.65441 |
| Next High | 0.65235 |
| Current Price | 0.65172 |
| Next Low | 0.65058 |
| 2nd Low | 0.64841 |
| 3rd Low | 0.64819 |