AUD/CAD – 1H – SELL
The currency pair jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.91680 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.92072 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.92791 |
2nd High | 0.92510 |
Next High | 0.92072 |
Current Price | 0.91518 |
Next Low | 0.91680 |
2nd Low | 0.91580 |
3rd Low | 0.91542 |