The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 0.96345 is considered certain.
Caution: A possible reversal of the trend in the direction of support at could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.96681 |
| 2nd High | 0.96614 |
| Next High | 0.96345 |
| Current Price | 0.96106 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.96345 – 0.96614 – 0.96681 – 0.95533 – 0.95821 – 0.95641 —
0.95827 – 0.95984 —
45.858883556936 – 53.593828667182 —
– —
0.96345 – 1772708400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –