AUD/CAD – 1H – SELLThe pair jumps from the ascending trendline downwards
A descent downwards to the next support level at 0.92007 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.92510 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92923 |
| 2nd High | 0.92791 |
| Next High | 0.92510 |
| Current Price | 0.92095 |
| Next Low | 0.92007 |
| 2nd Low | 0.91589 |
| 3rd Low | 0.91542 |