AUD/CAD – 1H – BUYThe combination goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.92794 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.92184 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.92794 |
| Current Price | 0.92583 |
| Next Low | 0.92184 |
| 2nd Low | 0.92133 |
| 3rd Low | 0.91829 |