AUD/CAD breaks strong resistance at 0.9825, good to buy dips
AUD/CAD has broken strong trendline resistance at 0.9825, momentum is bullish.
Better-than-expected Australian employment figures support upside in the Aussie. Data should lower the odds of further cuts by the Reserve Bank of Australia.
The Australian Bureau of Statistics reported an Australian employment change s.a. of +26.1K in March, above forecasts of +17k, with the unemployment rate s.a. at 5.7% vs 5.9% exp.
2H cloud base at 0.9830 is strong support for the pair, while upside finds immediate resistance at 0.9871 (session highs Apr 12th).
Good to buy dips around 0.9835/40, SL: 0.98, TP: 0.9870/0.9895
Better-than-expected Australian employment figures support upside in the Aussie. Data should lower the odds of further cuts by the Reserve Bank of Australia.
The Australian Bureau of Statistics reported an Australian employment change s.a. of +26.1K in March, above forecasts of +17k, with the unemployment rate s.a. at 5.7% vs 5.9% exp.
2H cloud base at 0.9830 is strong support for the pair, while upside finds immediate resistance at 0.9871 (session highs Apr 12th).
Good to buy dips around 0.9835/40, SL: 0.98, TP: 0.9870/0.9895
Trade fechado: objetivo atingido
All targets hit. Book full profits.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.