Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.70937 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.70962 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.71443 |
| 2nd High | 0.70969 |
| Next High | 0.70962 |
| Current Price | 0.70706 |
| Next Low | 0.70459 |
| 2nd Low | 0.70431 |
| 3rd Low | 0.70132 |
0.70962 – 0.70856 – 0.70969 – 0.70459 – 0.70669 – 0.70535 —
0.70678 – 0.70694 —
49.730061324236 – 51.797155453912 —
– —
0.70962 – 1771237800
Trading Signals: FOREX – AUD – AUD/USD – USD – – Head and Shoulder chart pattern – – – – – – – –