The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.8998 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.89664 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90275 |
| 2nd High | 0.90032 |
| Next High | 0.8998 |
| Current Price | 0.90027 |
| Next Low | 0.89664 |
| 2nd Low | 0.89622 |
| 3rd Low | 0.89514 |
0.8998 – 0.8994 – 0.89877 – 0.89664 – 0.89665 – 0.89622 — 60.333004110607 – 63.573251602666 — 36.047225824063 – 69.380559157397 – 16.900633268321 – 38.037356072425
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – –