AUD/CAD – 30M – BUYThe pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.
An ascent upwards to the next resistance line at 0.89837 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.89524 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90517 |
| 2nd High | 0.90032 |
| Next High | 0.89837 |
| Current Price | 0.89612 |
| Next Low | 0.89524 |
| 2nd Low | |
| 3rd Low |