The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance at 0.92184 is considered certain.
Caution: A possible change in the direction of the support level at 0.91688 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.92564 |
| Next High | 0.92184 |
| Current Price | 0.92032 |
| Next Low | 0.91688 |
| 2nd Low | 0.91682 |
| 3rd Low | 0.91437 |
0.9196 – 0.91996 – 0.91968 – 0.91688 – 0.91682 – 0.91437 —
0.92024 – 0.92038 —
65.71010387019 – 58.583188670394 —
– —
0.91960 – 1767394800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –