AUD/CAD – 4H – SELLThe pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.89114 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91293 |
| 2nd High | 0.90446 |
| Next High | 0.89114 |
| Current Price | 0.88221 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.89114 – 0.88999 – 0.88787 – 0.87890 – 0.87954 – 0.84402