AUD/CAD – 30M – BUYThe combination jumps from the ascending trendline down.
A bearish descent downwards to the next support line at 0.91339 is certain.
Caution: A possible change in the direction of resistance at 0.92014 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.92014 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.92014 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92443 |
| 2nd High | 0.92072 |
| Next High | 0.92014 |
| Current Price | 0.91921 |
| Next Low | 0.91339 |
| 2nd Low | 0.90989 |
| 3rd Low | 0.90955 |