AUD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.90604 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.90748 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91347 |
| 2nd High | 0.90868 |
| Next High | 0.90748 |
| Current Price | 0.90654 |
| Next Low | 0.90340 |
| 2nd Low | 0.89830 |
| 3rd Low |