AUD/CAD – 30M – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 0.89289 will persist.
Caution: A possible counter-trend in the direction of support at 0.89078 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89741 |
| 2nd High | 0.89508 |
| Next High | 0.89289 |
| Current Price | 0.89127 |
| Next Low | 0.89078 |
| 2nd Low | 0.89061 |
| 3rd Low | 0.88988 |
0.89289 – 0.89508 – 0.89741 – 0.89078 – 0.89466 – 0.89501 — 42.122062086421 – 44.883056124286 — 48.989830773699 – 50.991466908546 – 49.859873298131 – 50.460600652557
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Double top retreat up – –