AUD/CAD – 1H – SELLThe pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.89413 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.89837 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90785 |
| 2nd High | 0.90032 |
| Next High | 0.89837 |
| Current Price | 0.89603 |
| Next Low | 0.89413 |
| 2nd Low | |
| 3rd Low |