AUD/CAD – 30M – SELLThe combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.89622 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.89789 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89938 |
| 2nd High | 0.89838 |
| Next High | 0.89789 |
| Current Price | 0.89768 |
| Next Low | 0.89622 |
| 2nd Low | 0.89514 |
| 3rd Low | 0.89265 |
0.89789 – 0.89838 – 0.89938 – 0.89622 – 0.89514 – 0.89759 — 57.628802678663 – 56.369759723695 — 78.816538439191 – 87.135275973715 – 71.150433996702 – 80.218421519546
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Double top retreat up – –