AUDCAD recently reversed down from the resistance area lying between the key resistance level 0.9460 (which has been reversing the price from February), upper daily Bollinger Band and the resistance trendline of the daily down channel from the start of January.
The downward reversal from this resistance area started the active short-term impulse wave (iii).
AUDCAD is expected to fall further and re-test the next resistance level 0.9400 (which reversed the price earlier this month).
- S&P 500 reversed from support level 5000.00 - Likely to rise to resistance level…
- USDCHF reversed from support zone - Likely to rise to resistance level 0.9200 USDCHF…
The single currency is trading near $1.076, waiting for further cues and facing serious resistance…
Market picture The crypto market capitalisation fell by 1.7% in 24 hours to $2.29 trillion,…
- USDJPY reversed from support zone - Likely to rise to resistance level 155.65 USDJPY…
- Gold reversed from support zone - Likely to rise to resistance level 2400.00 Gold…
This website uses cookies
