AUD/CAD – 1H – BUY
The pair breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.92393 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.91829 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.92635 |
Next High | 0.92393 |
Current Price | 0.92421 |
Next Low | 0.91829 |
2nd Low | 0.91742 |
3rd Low | 0.91723 |