The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at is likely expected.
Caution: A possible change in the direction of the support level at 0.96932 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.97376 |
| Next Low | 0.96932 |
| 2nd Low | 0.96636 |
| 3rd Low | 0.96418 |
0.97313 – 0.96864 – 0.96899 – 0.96932 – 0.96636 – 0.96418 —
0.97421 – 0.97391 —
71.223081018006 – 61.221262882575 —
– —
0.97313 – 1772010000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –