AUD/CAD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.92315 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.92923 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93191 |
| 2nd High | 0.93041 |
| Next High | 0.92923 |
| Current Price | 0.92515 |
| Next Low | 0.92460 |
| 2nd Low | 0.91589 |
| 3rd Low | 0.91542 |