AUD/CAD – 30M – SELLThe combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline down.
A bearish trend downwards to the next support at 0.89056 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.89328 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89671 |
| 2nd High | 0.89506 |
| Next High | 0.89328 |
| Current Price | 0.89268 |
| Next Low | 0.89056 |
| 2nd Low | 0.88722 |
| 3rd Low | 0.88717 |
0.89328 – 0.89029 – 0.89178 – 0.89056 – 0.88722 – 0.88882
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji