AUD/CAD – 1H – BUYThe combination jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.92672 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.92133 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.92683 |
| Next High | 0.92672 |
| Current Price | 0.92432 |
| Next Low | 0.92133 |
| 2nd Low | 0.91829 |
| 3rd Low | 0.91742 |