AUD/CAD – 30M – SELLThe pair moves from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.91936 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.92923 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93074 |
| 2nd High | 0.93041 |
| Next High | 0.92923 |
| Current Price | 0.91741 |
| Next Low | 0.91936 |
| 2nd Low | 0.91823 |
| 3rd Low | 0.91542 |