• AUDCAD reversed from resistance level 0.9200
• Likely to fall to 0.9030
AUDCAD recently reversed down sharply from the resistance zone lying between the resistance level 0.9200 (set as the likely upward target in the previous report for this currency pair) and the upper daily Bollinger Band.
The downward reversal from the resistance level 0.9200 stopped the C-wave of the previous extended correction (4).
AUDCAD is likely to fall further toward the next support level 0.9030 (low of the 2 earlier corrections (iv) and iv)).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
This website uses cookies