AUD/CAD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.92683 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.92683 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.92683 |
| Current Price | 0.92389 |
| Next Low | 0.91829 |
| 2nd Low | 0.91742 |
| 3rd Low | 0.91723 |