AUD/CAD – 1H – BUYThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 0.8998 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.89664 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90275 |
| 2nd High | 0.90032 |
| Next High | 0.8998 |
| Current Price | 0.90042 |
| Next Low | 0.89664 |
| 2nd Low | 0.89514 |
| 3rd Low | 0.89029 |
0.8998 – 0.89877 – 0.89838 – 0.89664 – 0.89514 – 0.89666 — 57.026866540654 – 60.309586484906 — 39.347818094923 – 66.666666666667 – 43.963633998584 – 46.835457297547
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Triple bottom chart pattern – –