AUD/CAD – 1H – SELLThe pair moves from the ascending trendline down.
The bearish trend downwards to the next support line at 0.93368 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.93764 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.93764 |
| Current Price | 0.93350 |
| Next Low | 0.93368 |
| 2nd Low | 0.92675 |
| 3rd Low | 0.91914 |