AUD/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.651025 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.65496 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66875 |
| 2nd High | 0.65815 |
| Next High | 0.65496 |
| Current Price | 0.64910 |
| Next Low | 0.64709 |
| 2nd Low | 0.64476 |
| 3rd Low | 0.64426 |