Market Instrument: AUDCAD
Timeframe: Daily
Analysis: Technical
Structure: Inverted Head and Shoulder, Neckline, Pull Back
Prediction: Bullish
AUDCAD created a nice head and shoulder with a good breakout and pull back on the neckline. Here I am expecting a continuation of the bull rally towards the resistance 0.92500 with a good reversal on the following neckline formed.
Timeframe: Daily
Analysis: Technical
Structure: Inverted Head and Shoulder, Neckline, Pull Back
Prediction: Bullish
AUDCAD created a nice head and shoulder with a good breakout and pull back on the neckline. Here I am expecting a continuation of the bull rally towards the resistance 0.92500 with a good reversal on the following neckline formed.
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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.