• AUDCAD reversed from resistance area
• Likely to fall to support level 0.9071
AUDCAD currency pair recently reversed down sharply from the resistance area located between the pivotal resistance level 0.9325 (top of the previous correction (A)) and the upper daily Bollinger Band.
The downward reversal from the resistance level 0.9325 created the daily Japanese candlesticks reversal pattern Shooting Star.
Given the clear bearish divergence on the daily Stochastic indicator, AUDCAD can be expected to fall further toward the next support level 0.9071 (low of the previous corrections A and (b)).
AUDJPY: ⬆️ Buy - AUDJPY broke long-term resistance level 102.30 - Likely to rise to…
Aptos: ⬇️ Sell - Aptos testing major support at 1.688 - Likely to fall to…
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
This website uses cookies