AUD/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.6556038 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.65839 should be noted.
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 |