There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.70644836 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.70962 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71443 |
| 2nd High | 0.70969 |
| Next High | 0.70962 |
| Current Price | 0.70733 |
| Next Low | 0.70397 |
| 2nd Low | 0.70149 |
| 3rd Low | 0.70132 |
0.70664 – 0.70615 – 0.70675 – 0.70397 – 0.70149 – 0.70236 —
0.70856 – 0.70849 —
59.3931088877 – 51.261520135608 —
– —
0.70664 – 1771585200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –