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

USD/JPY: bullish 'High Wave'

The main intraday target is the next resistance at 113.53, which could be a starting point for a bearish correction...

jpy

Popular

EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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