The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.96247 is likely expected.
Caution: A possible trend reversal in the direction of support at could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.96247 |
| Current Price | 0.95745 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.96247 – 0.95239 – 0.9492 – 0.94939 – 0.9445 – 0.94416 —
0.95843 – 0.95730 —
58.416413219544 – 44.028648422306 —
– —
0.96247 – 1770111000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Double top retreat up – – – – – – – –