AUD/CAD – 30M – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 0.90009 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.89731 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90785 |
| 2nd High | 0.90517 |
| Next High | 0.90009 |
| Current Price | 0.89830 |
| Next Low | 0.89731 |
| 2nd Low | 0.89623 |
| 3rd Low |