Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.96234272 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.97457 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.97611 |
| Next High | 0.97457 |
| Current Price | 0.96284 |
| Next Low | 0.94618 |
| 2nd Low | 0.94416 |
| 3rd Low | 0.94255 |
0.97457 – 0.97611 – 0.97483 – 0.96089 – 0.96388 – 0.96473 —
0.95801 – 0.95464 —
27.940482472349 – 24.9555040446 —
– —
0.97457 – 1773957600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –