AUD/CAD – 30M – SELLThe combination Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.89674 is expected.
Caution: A possible change in the direction of the resistance line at 0.89938 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90517 |
| 2nd High | 0.90009 |
| Next High | 0.89938 |
| Current Price | 0.89743 |
| Next Low | 0.89674 |
| 2nd Low | 0.89623 |
| 3rd Low |