AUD/CAD – 1H – BUYThe currency pair breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.92794 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.91914 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.92794 |
| Current Price | 0.92890 |
| Next Low | 0.91914 |
| 2nd Low | 0.91829 |
| 3rd Low | 0.91742 |