Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.94618 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.96202 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.96614 |
| 2nd High | 0.96345 |
| Next High | 0.96202 |
| Current Price | 0.94966 |
| Next Low | 0.94618 |
| 2nd Low | 0.9445 |
| 3rd Low | 0.94416 |
0.96202 – 0.96345 – 0.96614 – 0.94618 – 0.95278 – 0.95533 —
0.94838 – 0.95130 —
23.778155923638 – 53.136014946247 —
– —
0.96202 – 1772787600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –