• AUDCAD reversed from resistance level 0.9425
• Likely to fall to support level 0.9300
AUDCAD recently reversed down from the key resistance level 0.9425 (which has been reversing the price from last November) -strengthened by the upper daily Bollinger Band.
The downward reversal from the resistance level 0.9425 stopped the previous intermediate ABC correction (2).
AUDCAD can be expected to fall further toward the next support level 0.9300 (low of the previous minor correction B).
- 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…
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