AUD/CAD – 4H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.90639436 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.91378 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92703 |
| 2nd High | 0.91641 |
| Next High | 0.91378 |
| Current Price | 0.91216 |
| Next Low | 0.90002 |
| 2nd Low | |
| 3rd Low |