AUD/USD – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.675505 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.67589 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.68100 |
| 2nd High | 0.67615 |
| Next High | 0.67589 |
| Current Price | 0.67280 |
| Next Low | 0.67018 |
| 2nd Low | 0.67001 |
| 3rd Low | 0.66919 |