The combination Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.90079 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.90461 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91378 |
2nd High | 0.91347 |
Next High | 0.90461 |
Current Price | 0.90033 |
Next Low | 0.90079 |
2nd Low | 0.90002 |
3rd Low |