The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.89623 is certain.
Caution: A possible change in the direction of the resistance zone at 0.90009 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90785 |
2nd High | 0.90517 |
Next High | 0.90009 |
Current Price | 0.89821 |
Next Low | 0.89623 |
2nd Low | |
3rd Low |