AUD/USD – 1H – SELLThe currency pair jumps from the bearish trendline down.
A continuation of the downward movement down to the next support at 0.65394 is certain.
Caution: A possible change in the direction of the resistance line at 0.65839 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66465 |
| 2nd High | 0.66099 |
| Next High | 0.65839 |
| Current Price | 0.65651 |
| Next Low | 0.65394 |
| 2nd Low | |
| 3rd Low |