The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 0.91208 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.90865 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.91168 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.91208 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91747 |
2nd High | 0.91611 |
Next High | 0.91208 |
Current Price | 0.91202 |
Next Low | 0.90865 |
2nd Low | 0.90704 |
3rd Low | 0.90494 |