AUD/CAD broke resistance area

AUD/CAD broke resistance area

  • AUD/CAD broke resistance area
  • Next buy target - 0.9900

AUD/CAD continues to rise after the earlier breakout of the resistance area lying between the resistance level 0.9780 (which was set as the buy target in our earlier forecast for this currency pair) and the resistance trendline of the daily down channel from August. The breakout of this resistance area accelerated the active minor impulse wave 1. AUD/CAD is expected to rise to the next buy target at the next resistance level 0.9900 (which reversed earlier waves (a) and 4).

Similar

Popular

Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera