AUD/CAD reversed from support area

AUD/CAD reversed from support area

  • AUD/CAD reversed from support area
  • Next buy target - 0.9780

AUD/CAD continues to rise inside the sharp upward correction which started earlier from the powerful support area lying between the long-term support level 0.9600 (which also reversed the price in January) and lower daily Bollinger Band. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Hammer. AUD/CAD is expected to rise to the next buy target at the next resistance level 0.9780.

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…

USD/JPY: bullish "Doji"

We’ve got a pullback from the lower “Window”, so there’s a bullish “Doji”, which has been confirmed .

jpy

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