AUD/CAD – 30M – BUYThe pair moves from the ascending trendline downwards
A bearish trend down to the next support level at 0.91914 is certain.
Caution: A possible change in the direction of resistance at 0.92462 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.9260568 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.92462 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92728 |
| 2nd High | 0.92701 |
| Next High | 0.92462 |
| Current Price | 0.92409 |
| Next Low | 0.91914 |
| 2nd Low | 0.91829 |
| 3rd Low | 0.91742 |