AUD/CAD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.92472 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.93191 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93764 |
| 2nd High | 0.93762 |
| Next High | 0.93191 |
| Current Price | 0.92714 |
| Next Low | 0.92472 |
| 2nd Low | 0.91914 |
| 3rd Low | 0.91829 |