The combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at will continue.
Caution: A possible trend reversal in the direction of resistance at 0.89508 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90032 |
| 2nd High | 0.89741 |
| Next High | 0.89508 |
| Current Price | 0.89187 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.89508 – 0.89741 – 0.89690 – 0.89078 – 0.89466 – 0.89501 — 50.210805727707 – 44.322721582417 — 76.223025120964 – 59.710422400383 – 72.537198019226 – 70.235261817668
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Two Crows – Double top chart pattern – –