The combination Australian Dollar/Canadian Dollar (AUD/CAD) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support line at will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.89102 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.89135 |
2nd High | 0.89118 |
Next High | 0.89102 |
Current Price | 0.88937 |
Next Low | |
2nd Low | |
3rd Low |
0.89102 – 0.89118 – 0.89098 – 0.88594 – 0.88833 – 0.88577
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji