The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 0.89469 will continue.
Caution: A possible change in the direction of the support level at 0.88497 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90110 |
| 2nd High | 0.89506 |
| Next High | 0.89469 |
| Current Price | 0.88670 |
| Next Low | 0.88497 |
| 2nd Low | 0.88318 |
| 3rd Low | 0.87970 |
0.89469 – 0.89108 – 0.89506 – 0.88497 – 0.88318 – 0.88577
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji