AUD/CAD – 1H – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 0.90748 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.90379 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91347 |
| 2nd High | 0.90868 |
| Next High | 0.90748 |
| Current Price | 0.90566 |
| Next Low | 0.90379 |
| 2nd Low | 0.89830 |
| 3rd Low |