The pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.90389 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.90748 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91347 |
2nd High | 0.90868 |
Next High | 0.90748 |
Current Price | 0.90668 |
Next Low | 0.90389 |
2nd Low | 0.90340 |
3rd Low | 0.89830 |