AUD/CAD – 1H – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 0.89899 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.89378 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90785 |
| 2nd High | 0.90032 |
| Next High | 0.89899 |
| Current Price | 0.89368 |
| Next Low | 0.89378 |
| 2nd Low | |
| 3rd Low |