AUD/USD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.66719314 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.67231 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.67324 |
| 2nd High | 0.67257 |
| Next High | 0.67231 |
| Current Price | 0.66816 |
| Next Low | 0.66580 |
| 2nd Low | 0.66564 |
| 3rd Low | 0.66218 |