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