AUD/CAD – 1H – SELLThe combination moves from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.91087 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.91832 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92510 |
| 2nd High | 0.92072 |
| Next High | 0.91832 |
| Current Price | 0.91039 |
| Next Low | 0.91087 |
| 2nd Low | 0.91044 |
| 3rd Low | 0.90955 |