AUD/CAD – 1H – SELL
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.92274454 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.92794 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.92794 |
Current Price | 0.92380 |
Next Low | 0.92184 |
2nd Low | 0.92133 |
3rd Low | 0.91829 |