The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.9137 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.91585 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91632 |
| 2nd High | 0.91618 |
| Next High | 0.91585 |
| Current Price | 0.91589 |
| Next Low | 0.9137 |
| 2nd Low | 0.91115 |
| 3rd Low | 0.9084 |
0.91585 – 0.91618 – 0.91258 – 0.9137 – 0.91115 – 0.9084 —
0.91522 – 0.91647 —
51.290862307748 – 66.892511720973 —
– —
0.91585 – 1764169200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Inverse Head and Shoulder chart pattern – – – – – – – –