AUD/CAD – 1H – BUYThe currency pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 0.95727 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.95083 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.96372 |
| 2nd High | 0.96319 |
| Next High | 0.95727 |
| Current Price | 0.95454 |
| Next Low | 0.95083 |
| 2nd Low | 0.9503 |
| 3rd Low | 0.94618 |
0.95727 – 0.96319 – 0.96372 – 0.95083 – 0.95235 – 0.95722 —
0.95492 – 0.95581 —
45.38272403801 – 45.97755052681 —
– —
0.95727 – 1774594800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –