AUD/CAD – 30M – SELLThe pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.88889 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.89357 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89506 |
| 2nd High | 0.89469 |
| Next High | 0.89357 |
| Current Price | 0.89087 |
| Next Low | 0.88889 |
| 2nd Low | 0.88722 |
| 3rd Low | 0.88717 |
0.89357 – 0.89469 – 0.89328 – 0.88889 – 0.89128 – 0.89065