Buy AUD/CAD – 30M – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 0.88577 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.89135 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.89671
2nd High 0.89506
Next High 0.89135
Current Price 0.88962
Next Low 0.88577
2nd Low 0.88001
3rd Low 0.87970

0.88887 – 0.89135 – 0.89506 – 0.88577 – 0.89194 – 0.89000

Trading Signals:

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