Several Australia dollar pairs seem to have a daily reversal underway. Another pair, AUDCAD, recently saw a breakout as well.

Price traded to as low as 0.8655 and then formed an upper range boundary at 0.8765. Earlier today, price breached this upper range boundary and managed to above it. Given this clean level breach and hold, I expect further upside ahead.
analysisAUDCADCandlestick AnalysisdaytradingForexpriceactionSupply and DemandSupport and Resistancetrading

Also on:

Disclaimer