AUD/USD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.66719314 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.67231 could happen.
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 | 0.67231 |
| Current Price | 0.66821 |
| Next Low | 0.66717 |
| 2nd Low | 0.66591 |
| 3rd Low | 0.66580 |