AUD/CAD – 30M – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level 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.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 0.89667 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.90110 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90423 |
| 2nd High | 0.90125 |
| Next High | 0.90110 |
| Current Price | 0.89741 |
| Next Low | 0.89241 |
| 2nd Low | 0.89210 |
| 3rd Low | 0.89051 |
0.89667 – 0.89536 – 0.89607 – 0.89241 – 0.89210 – 0.89051