The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.96345 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.95821 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.96681 |
| 2nd High | 0.96614 |
| Next High | 0.96345 |
| Current Price | 0.95968 |
| Next Low | 0.95821 |
| 2nd Low | 0.95641 |
| 3rd Low | 0.95446 |
0.96345 – 0.96614 – 0.96681 – 0.95821 – 0.95641 – 0.95446 —
0.96160 – 0.95937 —
45.604661456539 – 38.344824575884 —
– —
0.96345 – 1772708400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –