The combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.97787 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.98324 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.98517 |
| 2nd High | 0.98467 |
| Next High | 0.98324 |
| Current Price | 0.97826 |
| Next Low | 0.97787 |
| 2nd Low | 0.97648 |
| 3rd Low | 0.97643 |
0.98324 – 0.98467 – 0.98282 – 0.98124 – 0.98151 – 0.98221 —
0.97832 – 0.97886 —
34.942612149705 – 48.484464448478 —
– —
0.98324 – 1784226600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –