AUD/CAD – 1H – BUYThe pair jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.91995 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.91044 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92275 |
| 2nd High | 0.92269 |
| Next High | 0.91995 |
| Current Price | 0.91872 |
| Next Low | 0.91044 |
| 2nd Low | 0.90955 |
| 3rd Low | 0.90384 |