The combination Australian Dollar/Canadian Dollar (AUD/CAD) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.97483 is certain.
Caution: A possible trend reversal in the direction of support at 0.97147 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.97594 |
| Next High | 0.97483 |
| Current Price | 0.97414 |
| Next Low | 0.97147 |
| 2nd Low | 0.96414 |
| 3rd Low | 0.96046 |
0.97483 – 0.97033 – 0.9682 – 0.97147 – 0.96414 – 0.96046 —
0.97330 – 0.97367 —
57.312001583409 – 50.242704540516 —
– —
0.97483 – 1773763200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –