The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support level at 0.95328 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.95704 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.96116 |
| 2nd High | 0.95727 |
| Next High | 0.95704 |
| Current Price | 0.95227 |
| Next Low | 0.95328 |
| 2nd Low | 0.95235 |
| 3rd Low | 0.9503 |
0.95704 – 0.95727 – 0.96116 – 0.95328 – 0.95235 – 0.95463 —
0.95393 – 0.95313 —
41.875225286696 – 40.463955960492 —
– —
0.95704 – 1774636200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –