AUD/CAD – 1H – SELLThe combination moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.91443 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.92014 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92510 |
| 2nd High | 0.92072 |
| Next High | 0.92014 |
| Current Price | 0.91846 |
| Next Low | 0.91443 |
| 2nd Low | 0.91339 |
| 3rd Low | 0.90989 |