AUD/CAD – 30M – SELLThe combination goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.92739 will persist.
Caution: A possible change in the direction of the resistance line at 0.93191 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.92692 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.93191 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93764 |
| 2nd High | 0.93762 |
| Next High | 0.93191 |
| Current Price | 0.92791 |
| Next Low | 0.92739 |
| 2nd Low | 0.92692 |
| 3rd Low | 0.92675 |