FX.co ★ AUDUSD ,H4 | Falling to Support level?

The AUD/USD chart shows bearish momentum with potential for a bearish continuation towards the 1st support level at 0.6639. This support level is reinforced by its overlap nature and a 61.80% Fibonacci retracement. The 2nd support level at 0.6597 also provides favorable support.

On the upside, the 1st resistance at 0.6717 represents a significant overlap resistance and a 38.20% Fibonacci retracement. The 2nd resistance at 0.6799 is noteworthy as it aligns with an overlap resistance and a 61.80% Fibonacci retracement.