AUD/CAD – 30M – BUYThe pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.89357 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.89128 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89506 |
| 2nd High | 0.89469 |
| Next High | 0.89357 |
| Current Price | 0.89228 |
| Next Low | 0.89128 |
| 2nd Low | 0.89065 |
| 3rd Low | 0.89056 |
0.89357 – 0.89469 – 0.89328 – 0.89128 – 0.89065 – 0.89056
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji