AUD/CAD – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.9069 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.90701 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91378 |
| 2nd High | 0.91243 |
| Next High | 0.90701 |
| Current Price | 0.90457 |
| Next Low | 0.90002 |
| 2nd Low | |
| 3rd Low |