AUD/CAD – 1H – SELLThe pair moves from the ascending trendline down.
A descent downwards to the next support line at 0.91742 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.91995 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92275 |
| 2nd High | 0.92269 |
| Next High | 0.91995 |
| Current Price | 0.91894 |
| Next Low | 0.91742 |
| 2nd Low | 0.91723 |
| 3rd Low | 0.91044 |