AUD/CAD – 1H – SELLThe combination moves from the ascending trendline down.
The bearish trend down to the next support at 0.91044 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.92072 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92791 |
| 2nd High | 0.92510 |
| Next High | 0.92072 |
| Current Price | 0.91429 |
| Next Low | 0.91044 |
| 2nd Low | 0.90955 |
| 3rd Low | 0.90384 |