AUD/CAD – 1H – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.89932 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.89394 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90785 |
| 2nd High | 0.90173 |
| Next High | 0.89932 |
| Current Price | 0.89512 |
| Next Low | 0.89394 |
| 2nd Low | 0.89215 |
| 3rd Low | 0.88881 |