AUD/USD – 1H – SELLThe combination Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline down.
A descent down to the next support level at 0.64339 is considered certain.
Caution: A possible change in the direction of resistance at 0.64934 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.642455 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.64934 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.64934 |
| Current Price | 0.64482 |
| Next Low | 0.64339 |
| 2nd Low | 0.63652 |
| 3rd Low | 0.63557 |
0.64934 – 0.64695 – 0.64268 – 0.64339 – 0.63652 – 0.63557