AUD/CAD – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.91360192 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.91168 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91611 |
| 2nd High | 0.91208 |
| Next High | 0.91168 |
| Current Price | 0.91077 |
| Next Low | 0.90704 |
| 2nd Low | 0.90439 |
| 3rd Low | 0.90384 |