AUD/CAD – 4H – SELLThe combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support level at 0.87970 is certain.
Caution: A possible change in the direction of the resistance zone at 0.89506 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90423 |
| 2nd High | 0.90110 |
| Next High | 0.89506 |
| Current Price | 0.88349 |
| Next Low | 0.87970 |
| 2nd Low | 0.87890 |
| 3rd Low | 0.84402 |
0.89506 – 0.90110 – 0.90423 – 0.88577 – 0.88754 – 0.89232
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows