The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 0.90110 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.89241 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90423 |
| 2nd High | 0.90125 |
| Next High | 0.90110 |
| Current Price | 0.89729 |
| Next Low | 0.89241 |
| 2nd Low | 0.89210 |
| 3rd Low | 0.89051 |
0.89667 – 0.89536 – 0.89607 – 0.89241 – 0.89210 – 0.89051