AUD/CAD – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.922915 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.93041 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93762 |
| 2nd High | 0.93191 |
| Next High | 0.93041 |
| Current Price | 0.92601 |
| Next Low | 0.92449 |
| 2nd Low | 0.91823 |
| 3rd Low | 0.91542 |