AUD/CAD – 4H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.90257396 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 0.90868 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91378 |
| 2nd High | 0.91347 |
| Next High | 0.90868 |
| Current Price | 0.90589 |
| Next Low | 0.89830 |
| 2nd Low | |
| 3rd Low |