AUD/CAD – 1H – SELLThe currency pair jumps from the ascending trendline down.
A bearish descent down to the next support line at 0.92305 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.92672 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.92683 |
| Next High | 0.92672 |
| Current Price | 0.92440 |
| Next Low | 0.92305 |
| 2nd Low | 0.92133 |
| 3rd Low | 0.91829 |