AUD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.927525 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.92875 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93074 |
| 2nd High | 0.93041 |
| Next High | 0.92875 |
| Current Price | 0.92834 |
| Next Low | 0.92564 |
| 2nd Low | 0.92464 |
| 3rd Low | 0.92449 |