AUD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.9088758 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.91133 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91388 |
| 2nd High | 0.91293 |
| Next High | 0.91133 |
| Current Price | 0.91002 |
| Next Low | 0.90733 |
| 2nd Low | 0.90704 |
| 3rd Low | 0.90494 |