AUD/CAD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.90414552 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.91203 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91672 |
| 2nd High | 0.91220 |
| Next High | 0.91203 |
| Current Price | 0.90655 |
| Next Low | 0.90186 |
| 2nd Low | 0.90171 |
| 3rd Low | 0.90153 |