The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 0.91641 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.90791 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91821 |
2nd High | 0.91747 |
Next High | 0.91641 |
Current Price | 0.90880 |
Next Low | 0.90791 |
2nd Low | 0.90681 |
3rd Low | 0.90494 |