AUDCAD rebounded from the resistance and 127.2% fibo extension levels.
Price created an equal measured move, or AB=CD pattern.
On the D chart, the market pulled back from the 61.8% fibo golden zone and 0.89500 resistance.
We expect the price to retest at least 32.8% of the fibo retracement level.
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Price created an equal measured move, or AB=CD pattern.
On the D chart, the market pulled back from the 61.8% fibo golden zone and 0.89500 resistance.
We expect the price to retest at least 32.8% of the fibo retracement level.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
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