AUD/CAD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.915015 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.92014 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92443 |
| 2nd High | 0.92072 |
| Next High | 0.92014 |
| Current Price | 0.91703 |
| Next Low | 0.91339 |
| 2nd Low | 0.90989 |
| 3rd Low | 0.90955 |