AUD/CAD – 30M – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.89328 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.89056 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89671 |
| 2nd High | 0.89506 |
| Next High | 0.89328 |
| Current Price | 0.89263 |
| Next Low | 0.89056 |
| 2nd Low | 0.88722 |
| 3rd Low | 0.88717 |
0.89328 – 0.89029 – 0.89178 – 0.89056 – 0.88722 – 0.88882
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Engulfing