• AUDCAD broke daily down channel
• Likely to rise to 0.9655
AUDCAD recently broke the resistance trendline of the daily down channel from July (which enclosed the previous ABC correction (A)).
The breakout of this down channel coincided with the breakout of the resistance level 0.9545 (top of the previous correction B).
AUDCAD is expected to rise further toward the next resistance level 0.9655 – target price for the completion of the active wave (B))
- 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