AUD/CAD – 30M – BUYThe combination moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.93041 is certain.
Caution: A possible change in the direction of the support level at 0.92585 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.92823408 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.93041 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93191 |
| 2nd High | 0.93074 |
| Next High | 0.93041 |
| Current Price | 0.92794 |
| Next Low | 0.92585 |
| 2nd Low | 0.92449 |
| 3rd Low | 0.92119 |