AUD/CAD – 30M – BUYThe combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.93223 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.92965 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.
In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.93445 |
| Next High | 0.93223 |
| Current Price | 0.93214 |
| Next Low | 0.92965 |
| 2nd Low | 0.92752 |
| 3rd Low | 0.92653 |
0.93121 – 0.92956 – 0.92925 – 0.92965 – 0.92752 – 0.92653 —
0.93129 – 0.93185 —
55.845462682718 – 59.091395515669 —
– —
0.93121 – 1768186800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –