The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bullish trendline downwards
A bearish descent downwards to the next support at 0.91614 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.91889 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92221 |
| 2nd High | 0.91934 |
| Next High | 0.91889 |
| Current Price | 0.91829 |
| Next Low | 0.91614 |
| 2nd Low | 0.91611 |
| 3rd Low | 0.9108 |
0.91889 – 0.91844 – 0.91934 – 0.91614 – 0.91611 – 0.9108 — 57.43535247637 – 50.81998550813 — 74.658412077767 – 66.436407081568 – 61.266427718041 – 67.874443358314