AUD/CAD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.92129188 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.92499 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92791 |
| 2nd High | 0.92548 |
| Next High | 0.92499 |
| Current Price | 0.92354 |
| Next Low | 0.92007 |
| 2nd Low | 0.91949 |
| 3rd Low | 0.91589 |