The pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the descending trendline up.
A bullish trend upwards to the next resistance level at 0.96006 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.94416 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.96247 |
| Next High | 0.96006 |
| Current Price | 0.95313 |
| Next Low | 0.94416 |
| 2nd Low | 0.94255 |
| 3rd Low | 0.92979 |
0.96006 – 0.96247 – 0.94991 – 0.95197 – 0.95468 – 0.94416 —
0.95522 – 0.95346 —
44.470171214216 – 33.815928395885 —
– —
0.96006 – 1770217200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –