AUD/CAD – 1H – SELLThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 0.90842 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.91343 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.91343 |
| Current Price | 0.91420 |
| Next Low | 0.90842 |
| 2nd Low | 0.90101 |
| 3rd Low | 0.89664 |
0.91343 – 0.91078 – 0.90951 – 0.90842 – 0.90101 – 0.89664 — 66.190159208684 – 61.715713393871 — 74.183934937611 – 66.065062388592 – 83.424316696376 – 74.387254901961
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double bottom chart pattern – –