AUD/CAD – 30M – BUYThe pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 0.95925 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.95468 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.96247 |
| Next High | 0.95925 |
| Current Price | 0.95890 |
| Next Low | 0.95468 |
| 2nd Low | 0.94939 |
| 3rd Low | 0.9445 |
0.95925 – 0.96247 – 0.95239 – 0.95468 – 0.94939 – 0.9445 —
0.95902 – 0.95892 —
54.345367760224 – 55.42869115342 —
– —
0.95925 – 1770174000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –