AUD/CAD: Overextended Rally Eyes Resistance Near 0.9227

113
AUD/CAD is approaching the 0.9227 resistance zone following a clean breakout from its previous range. However, price action now appears overextended, with signs of exhaustion forming near last month’s high.

A rejection from this area could prompt a pullback toward 0.9166, aligning with the lower trendline support. With momentum fading, buyers may begin taking profits ahead of this key resistance level.

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.