The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.91168 is expected.
Caution: A possible trend reversal in the direction of the support zone at 0.90865 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91611 |
2nd High | 0.91208 |
Next High | 0.91168 |
Current Price | 0.91214 |
Next Low | 0.90865 |
2nd Low | 0.90704 |
3rd Low | 0.90439 |