AUD/CAD – 30M – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.91187 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.90993 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91641 |
| 2nd High | 0.91309 |
| Next High | 0.91187 |
| Current Price | 0.91039 |
| Next Low | 0.90993 |
| 2nd Low | 0.90758 |
| 3rd Low | 0.90681 |