AUD/CAD – 30M – SELLThe combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.89216 is expected.
Caution: A possible change in the direction of the resistance zone at 0.89452 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89671 |
| 2nd High | 0.89608 |
| Next High | 0.89452 |
| Current Price | 0.89068 |
| Next Low | 0.89216 |
| 2nd Low | 0.89080 |
| 3rd Low | 0.88940 |
0.89452 – 0.89608 – 0.89306 – 0.89216 – 0.89231 – 0.89227
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Inside Down – Double top chart pattern