The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline downwards
The bearish trend down to the next support level at 0.89051 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.89821 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90423 |
| 2nd High | 0.90110 |
| Next High | 0.89821 |
| Current Price | 0.89995 |
| Next Low | 0.89051 |
| 2nd Low | 0.87897 |
| 3rd Low | 0.87890 |
0.89821 – 0.89608 – 0.89273 – 0.89051 – 0.87897 – 0.87970 — 70.954349910509 – 66.101871240667 — 100 – 95.064545242514 – 70.713197836248 – 88.081403392026
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Triple top chart pattern – –