The pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the ascending trendline down.
The bearish trend downwards to the next support level at 0.98321 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.98967 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.98967 |
| Current Price | 0.98847 |
| Next Low | 0.98321 |
| 2nd Low | 0.9771 |
| 3rd Low | 0.9722 |
0.98967 – 0.98713 – 0.98859 – 0.98321 – 0.9771 – 0.9722 —
0.98891 – 0.98899 —
58.496396596491 – 56.579486612892 —
– —
0.98967 – 1778148000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –