AUD/CAD – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.9179948 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.92072 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92791 |
| 2nd High | 0.92510 |
| Next High | 0.92072 |
| Current Price | 0.91638 |
| Next Low | 0.91580 |
| 2nd Low | 0.91542 |
| 3rd Low | 0.91044 |