The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.90842 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.91744 |
| Next Low | 0.90842 |
| 2nd Low | 0.90101 |
| 3rd Low | 0.89664 |
0.91343 – 0.91078 – 0.90951 – 0.90842 – 0.90101 – 0.89664 — 74.888546746963 – 76.615267199379 — 86.703626450031 – 95.396494309657 – 78.329780913084 – 86.108111262048
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double bottom chart pattern – –