26.09.2019
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, the current descending wave after the divergence has almost reached 76.0% fibo at 0.6737. The stable descending movement along with MACD lines indicate at further decline to reach and break the key low at 0.6677. At the same time, a local convergence on the Oscillator may hint at another pullback or even a new rising impulse towards 61.8% fibo at 0.6927.
![AUDUSD_H4](https://www.roboforex.com/uploads/roboforecast/roboforex.com/99/2019/Fibo/september/26/AUDUSDH4.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](https://www.roboforex.com/bundles/roboforecast/images/risk-warning/en.png)
Taking into account the convergence on MACD in the H1 chart, we may assume that AUDUSD may correct towards 23.6%, 38.2%, 50.0%, and 61.8% fibo at 0.6776, 0.6799, 0.6817, and 0.6835 respectively. The support is the low at 0.6737.
![AUDUSD_H1](https://www.roboforex.com/uploads/roboforecast/roboforex.com/99/2019/Fibo/september/26/AUDUSDH1.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](https://www.roboforex.com/bundles/roboforecast/images/risk-warning/en.png)
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, after finishing the ascending impulse, USDCAD has started a new correction, which may later transform into a new descending wave towards mid-term 76.0% fibo at 1.3103. However, if the correction breaks the local high at 1.3310, the instrument may continue growing to reach 1.3382.
![USDCAD_H4](https://www.roboforex.com/uploads/roboforecast/roboforex.com/99/2019/Fibo/september/26/USDCADH4.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](https://www.roboforex.com/bundles/roboforecast/images/risk-warning/en.png)
In the H1 chart, the divergence on MACD made the pair start a new decline, which has already reached 38.2% fibo. In the future, the price may continue falling towards 50.0%, 61.8%, and 76.0% fibo at 1.3222, 1.3201, and 1.3177 respectively. The resistance is the high at 1.3310.
![USDCAD_H1](https://www.roboforex.com/uploads/roboforecast/roboforex.com/99/2019/Fibo/september/26/USDCADH1.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](https://www.roboforex.com/bundles/roboforecast/images/risk-warning/en.png)