The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 0.91934 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.91614 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.92221 |
| Next High | 0.91934 |
| Current Price | 0.91742 |
| Next Low | 0.91614 |
| 2nd Low | 0.91611 |
| 3rd Low | 0.9108 |
0.91899 – 0.91889 – 0.91844 – 0.91614 – 0.91611 – 0.9108 — 43.988246415143 – 43.988246415143 — 16.425446088107 – 15.034625590577 – 44.747237557915 – 24.567179434945
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – –