- AUDCAD reversed from support zone
- Likely to rise to resistance level 0.9945
AUDCAD currency pair recently reversed from the support zone between the support level 0.9761 (former resistance from February and March, low of earlier wave (4)) and the lower daily Bollinger Band.
The upward reversal from this support zone stopped the previous minor correction 2.
Given the clear daily uptrend, AUDCAD currency pair can be expected to rise to the next resistance level 0.9945 (which stopped earlier waves 5 and 1).
- Likely to rise to resistance level 0.9945
AUDCAD currency pair recently reversed from the support zone between the support level 0.9761 (former resistance from February and March, low of earlier wave (4)) and the lower daily Bollinger Band.
The upward reversal from this support zone stopped the previous minor correction 2.
Given the clear daily uptrend, AUDCAD currency pair can be expected to rise to the next resistance level 0.9945 (which stopped earlier waves 5 and 1).
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。