AUDCAD recently reversed down from the resistance zone lying between the key resistance level 0.9010 and the 61.8% Fibonacci correction of the previous downward impulse from September.
The downward reversal from this resistance zone created the daily reversal pattern Shooting Star – which started the active medium-term impulse wave (5).
AUDCAD is expected to fall further and retest the next support level 0.8840 (low of the previous impulse wave (3) from the start of October).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
