AUD/CAD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.92256 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.92672 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.92683 |
| Next High | 0.92672 |
| Current Price | 0.92442 |
| Next Low | 0.92133 |
| 2nd Low | 0.91829 |
| 3rd Low | 0.91742 |