AUD/CAD – 1H – SELLThe combination moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.92692 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.93191 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93764 |
| 2nd High | 0.93762 |
| Next High | 0.93191 |
| Current Price | 0.92811 |
| Next Low | 0.92692 |
| 2nd Low | 0.92675 |
| 3rd Low | 0.91914 |