Sell AUD/CAD – 4H – SELL

The pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the ascending trendline downwards

A bearish movement downwards to the next support line at 0.88754 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.89506 is within the realm of possibility.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.90423
2nd High 0.90110
Next High 0.89506
Current Price 0.88719
Next Low 0.88754
2nd Low 0.87970
3rd Low 0.87890

0.89506 – 0.90110 – 0.90423 – 0.88754 – 0.89232 – 0.88933

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