AUD/USD – 30M – BUYThe combination moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 0.67859 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.68284 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.68148224 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.68284 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.68388 |
| Next High | 0.68284 |
| Current Price | 0.67928 |
| Next Low | 0.67859 |
| 2nd Low | 0.67372 |
| 3rd Low | 0.67313 |