AUD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.92408 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.92672 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.92683 |
| Next High | 0.92672 |
| Current Price | 0.92464 |
| Next Low | 0.92341 |
| 2nd Low | 0.92133 |
| 3rd Low | 0.91829 |