Tag: AUDCAD

AUDCAD: ⬇️ Sell – AUDCAD reversed from resistance zone – Likely to fall to support level 0.8700 AUDCAD recently reversed down from the resistance zone between the resistance level 0.8860 (former support from August and January), 20-day moving average and the 61.8% Fibonacci correction of the downward impulse 1 from March. The downward reversal from […]

AUDCAD  ⬆️ Buy – AUDCAD reversed from the support zone – Likely to rise to resistance level 0.8860 AUDCAD currency pair recently reversed up from the support zone located at the intersection of the long-term support level 0.8600 (which started two weekly uptrends from 2022) and the lower weekly Bollinger Band. The upward reversal from this support […]

• AUDCAD broke the resistance level 0.8835 • Likely to rise to resistance level 0.8965 AUDCAD recently broke the resistance level 0.8835 (top of wave (a) from the end of October, former support from September). The breakout of the resistance level 0.8835 was preceded by the breakout of the resistance trendline of the weekly down […]

• AUDCAD reversed from resistance level 0.9425• Likely to fall to support level 0.9300 AUDCAD recently reversed down from the key resistance level 0.9425 (which has been reversing the price from last November) -strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 0.9425 stopped the previous intermediate ABC correction (2). […]

• AUDCAD reversed from key support level 0.8970 • Likely to rise to resistance level 0.9100 AUDCAD recently reversed up from the key support level 0.8970 (previous monthly low from December), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 0.8970 created the daily Bullish Engulfing – which stopped the […]