AUD/CAD – 1H – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.91589 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.92510 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92923 |
| 2nd High | 0.92791 |
| Next High | 0.92510 |
| Current Price | 0.91636 |
| Next Low | 0.91589 |
| 2nd Low | 0.91542 |
| 3rd Low | 0.91044 |