AUD/CAD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.92203 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.92683 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.92683 |
| Current Price | 0.92417 |
| Next Low | 0.92245 |
| 2nd Low | 0.91829 |
| 3rd Low | 0.91742 |