AUD/CAD – 1H – SELLThe combination goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.91542 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.92270 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92849 |
| 2nd High | 0.92466 |
| Next High | 0.92270 |
| Current Price | 0.91949 |
| Next Low | 0.91542 |
| 2nd Low | 0.91044 |
| 3rd Low | 0.90955 |