AUD/CAD – 1H – SELLThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the descending trendline down.
A continuation of the downward movement down to the next support line at 0.89524 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.89837 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90785 |
| 2nd High | 0.90032 |
| Next High | 0.89837 |
| Current Price | 0.89603 |
| Next Low | 0.89524 |
| 2nd Low | |
| 3rd Low |