AUD/CAD – 30M – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.89357 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.89065 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 | 0.89469 |
| Next High | 0.89357 |
| Current Price | 0.89244 |
| Next Low | 0.89065 |
| 2nd Low | 0.89056 |
| 3rd Low | 0.88722 |
0.89357 – 0.89469 – 0.89328 – 0.89065 – 0.89056 – 0.88722
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Belt Hold