AUD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.91486 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.91840 could occur.
Consider stop-loss settings accordingly.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92443 |
| 2nd High | 0.92072 |
| Next High | 0.91840 |
| Current Price | 0.91539 |
| Next Low | 0.91486 |
| 2nd Low | 0.91044 |
| 3rd Low | 0.90955 |