The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 0.98498 is certain.
Caution: A possible counter-trend in the direction of support at 0.982 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.99146 |
| 2nd High | 0.98598 |
| Next High | 0.98498 |
| Current Price | 0.98511 |
| Next Low | 0.982 |
| 2nd Low | 0.97458 |
| 3rd Low | 0.97454 |
0.98498 – 0.98488 – 0.98598 – 0.982 – 0.97458 – 0.97476 —
0.98508 – 0.98555 —
68.289621803719 – 60.133053201252 —
– —
0.98498 – 1781226000
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –