AUD/USD – 1H – SELLThe combination moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.65558 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.65839 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66465 |
| 2nd High | 0.66099 |
| Next High | 0.65839 |
| Current Price | 0.65617 |
| Next Low | 0.65558 |
| 2nd Low | 0.65394 |
| 3rd Low |