Technical levels of AUD/CAD
AUD/CAD reached buy target 1.0000
- AUD/CAD reached buy target 1.0000
- Next sell target - 0.9890
AUD/CAD recently sharply reversed down from the resistance area lying between the parity (previous buy target), upper daily Bollinger Band and the 50% Fibonacci correction of the previous sharp downward impulse from last May. AUD/CAD is expected to fall further toward the next sell target at the next support level 0.9890 (former resistance level from September and November).
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...