
If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...
The last 'Flag' pattern has been broken, so the market is likely going to test the next support at 1.1509 - 1.1478. A pullback from this area could be a departure point for a bullish correction towards the nearest resistance at 1.1623 - 1.1652.
The price is still consolidating under the Moving Averages. It seems like there's a 'V-Bottom' pattern, so the pair is going to reach the closest resistance at 1.1607 - 1.1623.
If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...
There's a 'Triple Bottom', which pushed the market higher, so all the Moving Averages have been broken...
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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