AUD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.92256 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.92643 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93041 |
| 2nd High | 0.92923 |
| Next High | 0.92643 |
| Current Price | 0.92546 |
| Next Low | 0.92287 |
| 2nd Low | 0.91949 |
| 3rd Low | 0.91589 |