AUD/CAD – 30M – SELLThe pair goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 0.91742 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.92147 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92849 |
| 2nd High | 0.92466 |
| Next High | 0.92147 |
| Current Price | 0.91644 |
| Next Low | 0.91742 |
| 2nd Low | 0.91723 |
| 3rd Low | 0.91044 |