AUD/USD – 1H – SELLThe pair Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.62806 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.63119 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.63302 |
| 2nd High | 0.63180 |
| Next High | 0.63119 |
| Current Price | 0.62357 |
| Next Low | 0.62806 |
| 2nd Low | 0.62788 |
| 3rd Low | 0.62779 |
0.63119 – 0.63180 – 0.63302 – 0.62806 – 0.62788 – 0.62779