AUD/CAD – 1H – BUYThe pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 0.89506 will persist.
Caution: A possible counter-trend in the direction of the support zone at 0.89056 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90110 |
| 2nd High | 0.89671 |
| Next High | 0.89506 |
| Current Price | 0.89282 |
| Next Low | 0.89056 |
| 2nd Low | 0.88722 |
| 3rd Low | 0.88657 |
0.89328 – 0.89178 – 0.88966 – 0.89056 – 0.88722 – 0.88657
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji