AUD/CAD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.89623 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.90785 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90868 |
| 2nd High | 0.90789 |
| Next High | 0.90785 |
| Current Price | 0.89816 |
| Next Low | 0.89623 |
| 2nd Low | |
| 3rd Low |