AUD/CAD – 30M – SELLThe pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 0.91061 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.91378 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 | 0.91641 |
| Next High | 0.91378 |
| Current Price | 0.91080 |
| Next Low | 0.91061 |
| 2nd Low | 0.91032 |
| 3rd Low | 0.90939 |