AUD/CAD – 30M – BUYThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bearish trendline upwards
A bullish trend up to the next resistance line at 0.91022 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.90711 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.90810592 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.91022 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91133 |
| 2nd High | 0.91065 |
| Next High | 0.91022 |
| Current Price | 0.90834 |
| Next Low | 0.90711 |
| 2nd Low | 0.90704 |
| 3rd Low | 0.90494 |