AUD/USD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.668855 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.67191 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67324 |
| 2nd High | 0.67257 |
| Next High | 0.67191 |
| Current Price | 0.66992 |
| Next Low | 0.66976 |
| 2nd Low | 0.66580 |
| 3rd Low | 0.66564 |