AUD/CAD – 30M – SELLThe currency pair goes from the bullish trendline down.
A bearish descent down to the next support line at 0.91931 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.92125 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92466 |
| 2nd High | 0.92147 |
| Next High | 0.92125 |
| Current Price | 0.91967 |
| Next Low | 0.91931 |
| 2nd Low | 0.91542 |
| 3rd Low | 0.91044 |