The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.9708 will continue.
Caution: A possible change in the direction of the support line at 0.96313 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.97443 |
| 2nd High | 0.97228 |
| Next High | 0.9708 |
| Current Price | 0.97223 |
| Next Low | 0.96313 |
| 2nd Low | 0.95986 |
| 3rd Low | 0.95981 |
0.9708 – 0.97228 – 0.97443 – 0.96313 – 0.95986 – 0.97067 —
0.96935 – 0.97099 —
52.529629979506 – 57.154143286399 —
– —
0.9708 – 1772427600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –