The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 0.89422 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.89066 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.89932 |
2nd High | 0.89603 |
Next High | 0.89422 |
Current Price | 0.89133 |
Next Low | 0.89066 |
2nd Low | 0.88881 |
3rd Low |