AUD/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.68782528 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.69078 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.69078 |
| Current Price | 0.68627 |
| Next Low | 0.68177 |
| 2nd Low | 0.68139 |
| 3rd Low | 0.67826 |