The combination Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.95718 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.96247 |
| 2nd High | 0.96006 |
| Next High | 0.95718 |
| Current Price | 0.95454 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.95718 – 0.96006 – 0.95925 – 0.95197 – 0.95331 – 0.95726 —
0.95402 – 0.95609 —
36.467563264727 – 51.970553226882 —
– —
0.95718 – 1770258600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –