The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.90842 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.92212 |
| Next Low | 0.90842 |
| 2nd Low | 0.90101 |
| 3rd Low | 0.89664 |
0.91816 – 0.91343 – 0.91078 – 0.90842 – 0.90101 – 0.89664 — 68.856129017788 – 69.346497608896 — 53.026960423621 – 27.272695869502 – 73.908039798297 – 52.317487465356
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – –