AUD/USD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.65432936 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.65960 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66465 |
| 2nd High | 0.66446 |
| Next High | 0.65960 |
| Current Price | 0.65704 |
| Next Low | 0.65472 |
| 2nd Low | 0.65120 |
| 3rd Low |