AUD/CAD – 1H – BUYThe pair breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.92393 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.91742 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.92635 |
| Next High | 0.92393 |
| Current Price | 0.92372 |
| Next Low | 0.91742 |
| 2nd Low | 0.91723 |
| 3rd Low | 0.91044 |