AUDCAD recently reversed up from the support zone lying between the key support level 0.8615, lower daily Bollinger Band and the support trendline of the daily down channel from the start of January.
The upward reversal from this support zone started the active short-term corrective wave 4.
AUDCAD is likely to rise further toward the next resistance level 0.8850 (former multi-month support from October and the target for the completion of the active wave 4).
- Nikkei 225 index rising inside minor impulse waves 3 - Likely to reach resistance…
- NZDJPY rising inside corrective wave ii - Likely to rise to resistance level 91.65…
Gold started the week with new highs and ended the week up 1.3%, despite a…
Crypto market cap rose by 3.2% to $2.21 trillion overnight. This made the struggle to…
- Gold reversed from support level 2550.00 - Likely to rise to resistance level 2600.00…
- S&P 500 broke key resistance level 5670.00 - Likely to rise to resistance level…
This website uses cookies
