AUD/CAD – 1H – BUYThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.89506 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.88754 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90110 |
| 2nd High | 0.89671 |
| Next High | 0.89506 |
| Current Price | 0.88908 |
| Next Low | 0.88754 |
| 2nd Low | 0.88001 |
| 3rd Low | 0.87970 |
0.89506 – 0.89307 – 0.89432 – 0.88882 – 0.88754 – 0.89052
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji