AUD/CAD – 1H – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.
An ascent up to the next resistance at 0.88970 will persist.
Caution: A possible change in the direction of the support zone at 0.87970 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89469 |
| 2nd High | 0.89371 |
| Next High | 0.88970 |
| Current Price | 0.88670 |
| Next Low | 0.87970 |
| 2nd Low | 0.87890 |
| 3rd Low | 0.86205 |
0.88482 – 0.88970 – 0.89371 – 0.87970 – 0.88034 – 0.88543
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji