AUD/CAD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.9258 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.93041 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93191 |
| 2nd High | 0.93074 |
| Next High | 0.93041 |
| Current Price | 0.92749 |
| Next Low | 0.92585 |
| 2nd Low | 0.92449 |
| 3rd Low | 0.92119 |