The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bullish trendline down.
A descent downwards to the next support level at 0.89265 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.89909 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90275 |
| 2nd High | 0.90032 |
| Next High | 0.89909 |
| Current Price | 0.89697 |
| Next Low | 0.89265 |
| 2nd Low | 0.89029 |
| 3rd Low | 0.88988 |
0.89909 – 0.89420 – 0.89337 – 0.89265 – 0.89029 – 0.89078 — 62.393931935663 – 60.428966961211 — 10.541097335004 – 5.889150262061 – 13.025665728478 – 10.640285971954