AUD/CAD – 1H – SELLThe pair goes from the bullish trendline downwards
A descent downwards to the next support at 0.90716 will continue.
Caution: A possible change in the direction of the resistance level at 0.92010 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.91736228 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 0.92010 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92072 |
| 2nd High | 0.92014 |
| Next High | 0.92010 |
| Current Price | 0.91983 |
| Next Low | 0.90716 |
| 2nd Low | 0.90384 |
| 3rd Low | 0.90186 |