AUD/CAD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.89559084 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.89735 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90032 |
| 2nd High | 0.89837 |
| Next High | 0.89735 |
| Current Price | 0.89664 |
| Next Low | 0.89413 |
| 2nd Low | |
| 3rd Low |