The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.90865 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.91388 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91747 |
2nd High | 0.91611 |
Next High | 0.91388 |
Current Price | 0.91069 |
Next Low | 0.90865 |
2nd Low | 0.90704 |
3rd Low | 0.90494 |