AUD/USD – 1H – BUYThe combination moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 0.67945 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.67488 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.67684 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.67945 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.68237 |
| 2nd High | 0.68161 |
| Next High | 0.67945 |
| Current Price | 0.67807 |
| Next Low | 0.67488 |
| 2nd Low | 0.67439 |
| 3rd Low | 0.66919 |