AUD/CAD – 1H – SELLThe pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.89378 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.89722 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89837 |
| 2nd High | 0.89735 |
| Next High | 0.89722 |
| Current Price | 0.89599 |
| Next Low | 0.89378 |
| 2nd Low | |
| 3rd Low |