The pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.88734 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.88297 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89371 |
| 2nd High | 0.88970 |
| Next High | 0.88734 |
| Current Price | 0.88734 |
| Next Low | 0.88297 |
| 2nd Low | 0.87970 |
| 3rd Low | 0.87890 |
0.88734 – 0.88482 – 0.88970 – 0.88297 – 0.87970 – 0.88034
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Belt Hold