AUD/CAD – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.91823 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.92923 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93191 |
| 2nd High | 0.93041 |
| Next High | 0.92923 |
| Current Price | 0.91913 |
| Next Low | 0.91823 |
| 2nd Low | 0.91542 |
| 3rd Low | 0.91044 |