AUD/CAD – 30M – SELLThe combination Australian Dollar/Canadian Dollar (AUD/CAD) moves from the ascending trendline down.
A bearish trend down to the next support level at 0.92778 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.93126 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.92987 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.93126 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93203 |
| 2nd High | 0.93196 |
| Next High | 0.93126 |
| Current Price | 0.93064 |
| Next Low | 0.92778 |
| 2nd Low | 0.92637 |
| 3rd Low | 0.92611 |
0.93126 – 0.93081 – 0.93196 – 0.92778 – 0.92836 – 0.92979 —
0.93114 – 0.93111 —
58.96436079035 – 56.198511883051 —
– —
0.93126 – 1768851000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –