AUD/CAD – 1H – BUYThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline up.
A bullish movement up to the next resistance level at 0.97065 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.96116 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.97065 |
| Current Price | 0.96833 |
| Next Low | 0.96116 |
| 2nd Low | 0.95664 |
| 3rd Low | 0.94644 |
0.97065 – 0.96838 – 0.96699 – 0.96116 – 0.96313 – 0.96352 —
0.97065 – 0.96813 —
55.213227630089 – 53.493974161096 —
0.97065 – 1771812000 —
– 1771812000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –