AUD/CAD – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.92730272 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 0.92923 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93191 |
| 2nd High | 0.93041 |
| Next High | 0.92923 |
| Current Price | 0.92408 |
| Next Low | 0.91589 |
| 2nd Low | 0.91542 |
| 3rd Low | 0.91044 |