Sell AUD/CAD – 30M – SELL

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

A continuation of the downtrend down to the next support line at 0.88594 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.89102 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.89135
2nd High 0.89118
Next High 0.89102
Current Price 0.88871
Next Low 0.88594
2nd Low 0.88577
3rd Low 0.88001

0.89102 – 0.89118 – 0.89098 – 0.88594 – 0.88833 – 0.88577

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