The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 0.89411 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.89092 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90032 |
2nd High | 0.89899 |
Next High | 0.89411 |
Current Price | 0.89293 |
Next Low | 0.89092 |
2nd Low | |
3rd Low |