AUD/CAD – 30M – SELLThe combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.88758 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.89066 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89118 |
| 2nd High | 0.89102 |
| Next High | 0.89066 |
| Current Price | 0.88949 |
| Next Low | 0.88758 |
| 2nd Low | 0.88594 |
| 3rd Low | 0.88577 |
0.89066 – 0.89102 – 0.89118 – 0.88758 – 0.88594 – 0.88833