The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 0.90379 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.90748 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91347 |
2nd High | 0.90868 |
Next High | 0.90748 |
Current Price | 0.90589 |
Next Low | 0.90379 |
2nd Low | 0.89830 |
3rd Low |