AUD/CAD – 1H – SELLThe pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 0.89666 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.89878 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90032 |
| 2nd High | 0.89926 |
| Next High | 0.89878 |
| Current Price | 0.89808 |
| Next Low | 0.89666 |
| 2nd Low | 0.89582 |
| 3rd Low | 0.89029 |
0.89878 – 0.89926 – 0.89909 – 0.89666 – 0.89582 – 0.89029 — 55.10681581213 – 50.787585130373 — 49.501551619585 – 41.861040954786 – 57.749941262258 – 51.478133215932