The pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline downwards
A descent downwards to the next support line at 0.98939 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.99355 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.99507 |
| 2nd High | 0.99388 |
| Next High | 0.99355 |
| Current Price | 0.99346 |
| Next Low | 0.98939 |
| 2nd Low | 0.98913 |
| 3rd Low | 0.98721 |
0.99355 – 0.99251 – 0.99078 – 0.98939 – 0.98913 – 0.98721 —
0.99181 – 0.99416 —
52.241978768148 – 65.052790453272 —
– —
0.99355 – 1781802000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –