The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 0.89899 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.88881 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90517 |
2nd High | 0.90032 |
Next High | 0.89899 |
Current Price | 0.89332 |
Next Low | 0.88881 |
2nd Low | |
3rd Low |