AUD/CAD – 1H – SELLThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bullish trendline down.
The bearish trend downwards to the next support line at 0.90960 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.91293 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91611 |
| 2nd High | 0.91388 |
| Next High | 0.91293 |
| Current Price | 0.90834 |
| Next Low | 0.90960 |
| 2nd Low | 0.90865 |
| 3rd Low | 0.90704 |