• AUDCAD reversed from support zone
• Likely to rise to resistance level 0.9550
AUDCAD recently reversed up sharply from the support zone located between the major support level 0.9455 (which has been reversing the price from December) and the lower daily Bollinger Band.
The upward reversal form this support level is likely to form the daily candlestick reversal pattern Bullish Engulfing.
AUDCAD is likely to rise further toward the next resistance level 0.9550 (target price for the completion of the active wave 4).
- GBPUSD reversed from support level 1.2495 - Likely to rise to resistance level 1.2625…
- EURUSD reversed from powerful support level 1.0350 - Likely to rise to resistance level…
- WTI broke daily Triangle - Likely to rise to resistance level 70.90 WTI crude…
- AUDUSD reversed from resistance level 0.6270 - Likely to fall to support level 0.6200…
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
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