AUD/CAD rising inside minor (c)-wave

AUD/CAD rising inside minor (c)-wave

  • AUD/CAD rising inside minor (c)-wave
  • Next buy target - 0.9900

AUD/CAD continues to rise inside the minor (c)-wave of the minor ABC correction (ii) – which started earlier form the support area lying between the support levels 0.9740 and 0.9700. The active (c)-wave is expected to extend all the way up to the next buy target at the next resistance level 0.9900 (top of the previous minor impulse wave (a) of the active ABC correction (ii)). Strong support remains at the aforementioned support level 0.9740.


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Morning brief for May 30

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