The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline upwards
An ascent up to the next resistance line at 0.8994 is likely expected.
Caution: A possible change in the direction of the support level at 0.89514 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90275 |
| 2nd High | 0.90032 |
| Next High | 0.8994 |
| Current Price | 0.89966 |
| Next Low | 0.89514 |
| 2nd Low | 0.89265 |
| 3rd Low | 0.89029 |
0.8994 – 0.89877 – 0.89789 – 0.89664 – 0.89665 – 0.89622 — 58.723178300201 – 60.553388181186 — 100 – 100 – 86.061340365381 – 95.408262656499
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double bottom chart pattern – –