The pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the ascending trendline down.
A bearish movement downwards to the next support at 0.91826 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.92011 |
| Next Low | 0.91826 |
| 2nd Low | 0.90842 |
| 3rd Low | 0.90101 |
0.91816 – 0.91343 – 0.91078 – 0.91826 – 0.90842 – 0.90101 — 48.00445541525 – 46.189035179983 — 56.589011842361 – 30.794020578528 – 65.743221380962 – 51.57186306866
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – Rising Wedge Chart Pattern – –