The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.89718 is expected.
Caution: A possible change in the direction of the support level at 0.88807 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.90446 |
2nd High | 0.89829 |
Next High | 0.89718 |
Current Price | 0.89499 |
Next Low | 0.88807 |
2nd Low | 0.88790 |
3rd Low | 0.88001 |
0.89308 – 0.89301 – 0.89718 – 0.88807 – 0.88790 – 0.89032