Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.96957136 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.97594 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.97594 |
| Current Price | 0.97178 |
| Next Low | 0.95809 |
| 2nd Low | 0.94618 |
| 3rd Low | 0.94416 |
0.97594 – 0.97497 – 0.97065 – 0.95809 – 0.94618 – 0.95446 —
0.96796 – 0.97485 —
53.487480485983 – 64.832277338297 —
– —
0.97594 – 1773244800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –