AUD/CAD – 1H – BUYThe combination breaks through the bearish trendline upwards
An ascent up to the next resistance level at 0.91996 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.91680 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92510 |
| 2nd High | 0.92022 |
| Next High | 0.91996 |
| Current Price | 0.91971 |
| Next Low | 0.91680 |
| 2nd Low | 0.91580 |
| 3rd Low | 0.91542 |