AUD/CAD – 1H – SELLThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the ascending trendline down.
A bearish movement downwards to the next support level at 0.88722 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.89328 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89671 |
| 2nd High | 0.89506 |
| Next High | 0.89328 |
| Current Price | 0.89268 |
| Next Low | 0.88722 |
| 2nd Low | 0.88657 |
| 3rd Low | 0.88497 |
0.89328 – 0.89178 – 0.88966 – 0.89056 – 0.88722 – 0.88657