AUD/CAD – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.90982152 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.91203 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91672 |
| 2nd High | 0.91220 |
| Next High | 0.91203 |
| Current Price | 0.90785 |
| Next Low | 0.90186 |
| 2nd Low | 0.90171 |
| 3rd Low | 0.90153 |