AUD/CAD falling minor impulse wave 3

AUD/CAD falling minor impulse wave 3

  • AUD/CAD falling minor impulse wave 3
  • Next sell target - 0.9670

AUD/CAD continues to fall inside the minor impulse wave 3 which recently reversed down from the pivotal resistance level 0.9870 (which is the lower boundary of the strong resistance area, which is the former powerful support zone which has been steadily reversing this currency pair from the end of January, as can be seen from the daily AUD/CAD chart below). The upper boundary of this resistance zone stands at the resistance level 0.9930. AUD/CAD is expected to fall to the next sell target at the next support level 0.9670 (which reversed (A)-wave in January).



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


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