The pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bearish trendline up.
An ascent up to the next resistance line at 0.89452 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89671 |
| 2nd High | 0.89608 |
| Next High | 0.89452 |
| Current Price | 0.89272 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.89452 – 0.89608 – 0.89306 – 0.89216 – 0.89231 – 0.89227
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double top retreat up