AUD/CAD – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.90687 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.90622 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90649 |
| 2nd High | 0.90642 |
| Next High | 0.90622 |
| Current Price | 0.90468 |
| Next Low | 0.90171 |
| 2nd Low | 0.90153 |
| 3rd Low | 0.90098 |