AUD/USD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.6788 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.68237 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.68388 |
| Next High | 0.68237 |
| Current Price | 0.68081 |
| Next Low | 0.68000 |
| 2nd Low | 0.67859 |
| 3rd Low | 0.67372 |