AUD/USD – 30M – SELLThe combination moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.68561 is certain.
Caution: A possible change in the direction of the resistance zone at 0.69154 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.69420 |
| 2nd High | 0.69342 |
| Next High | 0.69154 |
| Current Price | 0.68566 |
| Next Low | 0.68561 |
| 2nd Low | 0.68177 |
| 3rd Low | 0.68139 |