AUD/CAD – 30M – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.96247 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.94939 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.96247 |
| Current Price | 0.95763 |
| Next Low | 0.94939 |
| 2nd Low | 0.9445 |
| 3rd Low | 0.94416 |
0.96247 – 0.95239 – 0.9492 – 0.94939 – 0.9445 – 0.94416 —
0.96129 – 0.95798 —
61.347337088143 – 54.10204517629 —
– —
0.96247 – 1770111000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –