The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline down.
A bearish descent down to the next support line at 0.96414 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.9682 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.97594 |
| 2nd High | 0.97102 |
| Next High | 0.9682 |
| Current Price | 0.96766 |
| Next Low | 0.96414 |
| 2nd Low | 0.96046 |
| 3rd Low | 0.95809 |
0.9682 – 0.96204 – 0.96694 – 0.96414 – 0.96046 – 0.95809 —
0.96880 – 0.97017 —
68.959998853535 – 64.991666515963 —
– —
0.9682 – 1773698400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –