The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 0.96865 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.96605 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
In addition a ‘RSI Bullish Divergence’ indicator layout is discovered. The indicator shows ‘RSI Bullish Divergence’. this is usually a bullish chart scenario. The currency pair could go up.
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.97065 |
| Next High | 0.96865 |
| Current Price | 0.96679 |
| Next Low | 0.96605 |
| 2nd Low | 0.96403 |
| 3rd Low | 0.96116 |
0.96865 – 0.97065 – 0.96981 – 0.96605 – 0.96403 – 0.96116 —
0.96676 – 0.96659 —
44.279841993936 – 43.819421135486 —
– —
0.96865 – 1771844400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –