The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.96838 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.96352 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.96979 |
| Next High | 0.96838 |
| Current Price | 0.96589 |
| Next Low | 0.96352 |
| 2nd Low | 0.96185 |
| 3rd Low | 0.96151 |
0.96838 – 0.96671 – 0.96699 – 0.96352 – 0.96399 – 0.96425 —
0.96529 – 0.96614 —
38.966060373841 – 49.194253594982 —
– —
0.96838 – 1771495200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –