The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 0.96678 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.96979 |
| Next High | 0.96678 |
| Current Price | 0.96513 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.96678 – 0.96512 – 0.96571 – 0.96185 – 0.96151 – 0.96317 —
0.96560 – 0.96529 —
47.989442608215 – 48.777806432461 —
– —
0.96678 – 1771362000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –