The pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.88543 is certain.
Caution: A possible change in the direction of resistance at 0.88970 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89469 |
| 2nd High | 0.89371 |
| Next High | 0.88970 |
| Current Price | 0.88735 |
| Next Low | 0.88543 |
| 2nd Low | 0.88497 |
| 3rd Low | 0.88318 |
0.88970 – 0.88961 – 0.89371 – 0.88543 – 0.88613 – 0.88789
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Down