Buy AUD/CAD – 30M – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.

The bullish trend up to the next resistance level at 0.88887 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.88001 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.89506
2nd High 0.89135
Next High 0.88887
Current Price 0.88860
Next Low 0.88001
2nd Low 0.87970
3rd Low 0.87890

0.88887 – 0.89135 – 0.89506 – 0.89194 – 0.89000 – 0.88882

Trading Signals:

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