AUD/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.64610524 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.65005 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.65496 |
| 2nd High | 0.65073 |
| Next High | 0.65005 |
| Current Price | 0.64853 |
| Next Low | 0.64474 |
| 2nd Low | 0.64337 |
| 3rd Low |