AUD/CAD – 1H – SELLThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.90681 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.91245 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91388 |
| 2nd High | 0.91293 |
| Next High | 0.91245 |
| Current Price | 0.90937 |
| Next Low | 0.90681 |
| 2nd Low | 0.90439 |
| 3rd Low | 0.90384 |