AUD/CAD – 1H – SELLThe combination moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.90989 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.91716 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92072 |
| 2nd High | 0.91832 |
| Next High | 0.91716 |
| Current Price | 0.91515 |
| Next Low | 0.90989 |
| 2nd Low | 0.90955 |
| 3rd Low | 0.90384 |