AUD/USD – 30M – SELLMoreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.6632664 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.66485 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.66895 |
| Next High | 0.66485 |
| Current Price | 0.66435 |
| Next Low | 0.66259 |
| 2nd Low | 0.6605 |
| 3rd Low | 0.6603 |
0.66485 – 0.66236 – 0.66189 – 0.66259 – 0.6605 – 0.6603 —
0.66456 – 0.66461 —
60.704960627142 – 58.386819467695 —
– —
0.66485 – 1764955800
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –