AUD/USD – 1H – SELL
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.6677 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.67322 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.67945 |
2nd High | 0.67670 |
Next High | 0.67322 |
Current Price | 0.67026 |
Next Low | 0.66564 |
2nd Low | 0.66218 |
3rd Low | 0.65953 |