AUD/CAD – 1H – BUYThe combination jumps from the descending trendline up.
The bullish trend upwards to the next resistance at 0.92466 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.91914 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93191 |
| 2nd High | 0.92849 |
| Next High | 0.92466 |
| Current Price | 0.92040 |
| Next Low | 0.91914 |
| 2nd Low | 0.91829 |
| 3rd Low | 0.91742 |