The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bullish trendline down.
The bearish trend down to the next support at 0.89514 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.90423 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91293 |
| 2nd High | 0.90446 |
| Next High | 0.90423 |
| Current Price | 0.90110 |
| Next Low | 0.89514 |
| 2nd Low | 0.89029 |
| 3rd Low | 0.88988 |
0.89938 – 0.90032 – 0.90275 – 0.89514 – 0.89029 – 0.88988 — 55.567037192985 – 55.024640045292 — 82.00509248148 – 74.396169533605 – 89.142696264066 – 83.219063313493
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Down – Triple bottom chart pattern – –