The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.89821 is expected.
Caution: A possible change in the direction of support at 0.89051 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90423 |
| 2nd High | 0.90110 |
| Next High | 0.89821 |
| Current Price | 0.90205 |
| Next Low | 0.89051 |
| 2nd Low | 0.87897 |
| 3rd Low | 0.87890 |
0.89821 – 0.89608 – 0.89273 – 0.89051 – 0.87897 – 0.87970 — 70.649183214521 – 72.387288189553 — 68.901055924912 – 100 – 41.21851937899 – 70.429757093817
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Triple top chart pattern – –