AUD/CAD – 1H – SELLThe combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.90733 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.91065 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91293 |
| 2nd High | 0.91133 |
| Next High | 0.91065 |
| Current Price | 0.90859 |
| Next Low | 0.90733 |
| 2nd Low | 0.90704 |
| 3rd Low | 0.90439 |