The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.99316 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.98015 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.99507 |
| 2nd High | 0.99449 |
| Next High | 0.99316 |
| Current Price | 0.98504 |
| Next Low | 0.98015 |
| 2nd Low | 0.97815 |
| 3rd Low | 0.97648 |
0.98375 – 0.98043 – 0.98153 – 0.98015 – 0.97815 – 0.97854 —
0.98505 – 0.98516 —
69.531068340117 – 64.465024602728 —
– —
0.98375 – 1783017000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –