
USDCAD began the week slightly higher reaching as high as 1.2510 but failed to sustain these gains.
2019-11-11 • Updated
AUD/CAD recently reversed up from the support zone lying between the key support level 0.9730 (which reversed the previous minor correction 2 in January) and the lower daily Bollinger Band. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Morning Star. AUD/CAD is expected to rise toward the next buy target at the next resistance level 0.9880 (former support from February and March).
USDCAD began the week slightly higher reaching as high as 1.2510 but failed to sustain these gains.
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