The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 0.98039 will continue.
Caution: A possible change in the direction of support at 0.97453 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.98648 |
| 2nd High | 0.98111 |
| Next High | 0.98039 |
| Current Price | 0.97869 |
| Next Low | 0.97453 |
| 2nd Low | 0.97411 |
| 3rd Low | 0.97338 |
0.98039 – 0.97873 – 0.9773 – 0.97453 – 0.9755 – 0.97553 —
0.98014 – 0.97891 —
69.264712765281 – 51.722941733304 —
– —
0.98039 – 1777271400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –