– AUDCAD reversed from support zone
– Likely to rise to the resistance level 0.9150
AUDCAD recently reversed up from the support area between the support level 0.9020 (which reversed the price at the start of August) and the lower daily Bollinger Band.
The upward reversal from the support level 0.9020 stopped the C-wave of the previous ABC correction (2).
Given the clear daily uptrend, AUDCAD can be expected to rise further to the next resistance level 0.9150 (middle of the congestions zone, which stopped the earlier waves (1) and B).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies