The pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the descending trendline upwards
A bullish trend up to the next resistance line at 0.89660 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.89413 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.89735 |
2nd High | 0.89722 |
Next High | 0.89660 |
Current Price | 0.89514 |
Next Low | 0.89413 |
2nd Low | |
3rd Low |