AUD/USD – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.661535 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.66099 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66611 |
| 2nd High | 0.66465 |
| Next High | 0.66099 |
| Current Price | 0.65781 |
| Next Low | 0.65394 |
| 2nd Low | |
| 3rd Low |