AUD/CAD – 1H – BUYThe combination breaks through the descending trendline upwards
The bullish trend up to the next resistance at 0.93191 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.92739 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93764 |
| 2nd High | 0.93762 |
| Next High | 0.93191 |
| Current Price | 0.92824 |
| Next Low | 0.92739 |
| 2nd Low | 0.92692 |
| 3rd Low | 0.92675 |