
If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...
We've got a bullish "Harami", which hasn't been confirmed yet. So, it's likely to have an upward correction in the short term. Nevertheless, bears are going to break the last low afterwards.
The main trend is still bearish, but there're bullish patterns such a "Harami" and a "Doji". In this case, the pair is likely going to test the Moving Averages in the coming hours.
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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