AUD/CAD – 1H – BUYThe combination breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.92014 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.91339 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92510 |
| 2nd High | 0.92072 |
| Next High | 0.92014 |
| Current Price | 0.91609 |
| Next Low | 0.91339 |
| 2nd Low | 0.90989 |
| 3rd Low | 0.90955 |