AUD/USD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.64877418 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.65496 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66875 |
| 2nd High | 0.65815 |
| Next High | 0.65496 |
| Current Price | 0.65049 |
| Next Low | 0.64709 |
| 2nd Low | 0.64476 |
| 3rd Low | 0.64426 |