AUD/CAD – 30M – SELLThe combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bullish trendline downwards
A bearish movement downwards to the next support at 0.89664 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.90275 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90446 |
| 2nd High | 0.90423 |
| Next High | 0.90275 |
| Current Price | 0.90680 |
| Next Low | 0.89664 |
| 2nd Low | 0.89622 |
| 3rd Low | 0.89514 |
0.8998 – 0.8994 – 0.89877 – 0.89664 – 0.89665 – 0.89622 — 70.046892624302 – 65.827335823238 — 89.798793423495 – 76.10713338637 – 85.488486696721 – 88.635308936622
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Down – Double bottom retreat down – –