AUD/CAD – 30M – SELLThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.90459 is certain.
Caution: A possible change in the direction of the resistance line at 0.90655 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91347 |
| 2nd High | 0.90868 |
| Next High | 0.90655 |
| Current Price | 0.90461 |
| Next Low | 0.90459 |
| 2nd Low | 0.90379 |
| 3rd Low | 0.89830 |