AUD/CAD – 1H – SELL
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.90752 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.91333 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91811 |
2nd High | 0.91672 |
Next High | 0.91333 |
Current Price | 0.91001 |
Next Low | 0.90384 |
2nd Low | 0.90186 |
3rd Low | 0.90171 |