The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
AUD/CAD broke support zone
- AUD/CAD broke support zone
- Next sell target - 0.9600
AUD/CAD recently broke the support zone lying between the strong support level 0.9670 (which has been reversing the price from the start of July) and the support trendline of the daily Triangle from the middle of May. AUD/CAD is expected fall rise further toward the next sell target at the next support level 0.9600 (former support from May and the target for the completion of wave C).
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USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.