AUD/CAD – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.93228 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.93074 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93762 |
| 2nd High | 0.93191 |
| Next High | 0.93074 |
| Current Price | 0.92973 |
| Next Low | 0.92740 |
| 2nd Low | 0.92739 |
| 3rd Low | 0.92692 |