AUD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.914105 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.91716 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91840 |
| 2nd High | 0.91832 |
| Next High | 0.91716 |
| Current Price | 0.91535 |
| Next Low | 0.91339 |
| 2nd Low | 0.90989 |
| 3rd Low | 0.90955 |