AUD/USD – 1H – SELL
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.66675572 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.67231 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.67324 |
2nd High | 0.67257 |
Next High | 0.67231 |
Current Price | 0.66818 |
Next Low | 0.66504 |
2nd Low | 0.66218 |
3rd Low |