AUDCAD: SIDEWAY TREND BEFORE BREAKUP GOING FOR 3000 PIPS
Hi,
The price is anchored in a very narrow range after a clear bullish breakout occurs, the bulls rule.
If the price level manage to break the current range upwards, two objectives to reach, one at the price level 0.95980 and the other higher, whose limit would be 0.97501
if, on the other hand, it breaks the range downwards, the correction is likely to seek support levels at approximately 0.91354
Cheers!
The price is anchored in a very narrow range after a clear bullish breakout occurs, the bulls rule.
If the price level manage to break the current range upwards, two objectives to reach, one at the price level 0.95980 and the other higher, whose limit would be 0.97501
if, on the other hand, it breaks the range downwards, the correction is likely to seek support levels at approximately 0.91354
Cheers!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.