• AUDCAD reversed from resistance level 0,9640
• Likely to fall to 0.9550
AUDCAD is currently in the profit-taking correction from the nearby resistance level 0,9640 (which reversed the previous waves (iii) and 5) located near the upper daily Bollinger Band.
The downward reversal from the resistance level 0,9640 started the active short-term corrective wave B.
With the predominantly bearish AUD sentiment affecting this currency pair today – AUDCAD is likely to fall toward the next support level 0.9550.
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies