AUDCAD Market Outlook | Daily Forex Market BreakdownAUDCAD
Very similar to AUDUSD, we have made a higher high in market structure and we will be needing to come back down and retest lows are some point. Keeping a very sharp eye on AUDCAD. Keep in mind .90 is a strong psychological key level, we are sitting right under that so we could easily wick up and reject off that and roll over to the downside. Patience will be key.
Audcadlong
AUDCAD. Price will continue to rise, but difficulties will ariseHello dear subscribers!
On March 19, the price was at the support level,
from this point it began to grow,
the chart shows what dynamics were at the same time.
The price continues to rise,
but there is a high probability that the growth will not be as good as it was before.
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AUDCAD.. Critical Support Worked Out.As in my previous analysis I have shared a short signal and it went successfully touching the TP.
AUDCAD now trapped in Bullish Flag and at critical Support too.
Bears have tried to break but couldn't do that.
Daily Support plus weekly support worked out.
Luckily Rejected and going to make higher highs.
Further confirmation will be obtained once market opens.
What do you think about this idea?
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AUDCAD Technicaly and Fundamentaly forecast
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💡 AUDCAD technicaly indicators showing we can expect higher bulish market continuation, AUD is have rate cut ago 2 days they are stay on same rate 0.25 because rate is not changed that mean we can expect power for AUD, expecting to see push in price till FIBO 0.7 or till last above white trend line.
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Thanks on supporting!
All best, good luck!
AUD CAD will hit the horizontal resistant line and falls downas you can see at the chart, the market is going uptrend and after a while the uptrend slope is getting lower than previous candles,
shows that the movement is tired and market is getting ready for a simple retracement.
so after hitting the horiz line, it will start a downtrend i guess.
dot forget to place stoploss.
have a great night.
AUDCAD. The price will go up, but slight recessions are allowed.Hello to subscribers!
The price of the Australian dollar will grow in an uptrend
and will continue to do so until it reaches its target.
It is assumed that the price may go beyond the line,
but it will return to the long direction.
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AUDCAD LONG! Multiple Opportunities On 4HrPrice is at the moment trading below a trendline that's due for test.
Break of trendline to upside validates upside targets above trendline.
Note: Idea is to complement your research.
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AUDCAD. Will the price reach two targets?Hi guys and ladies.
On this chart, we see that on March 20,
the price was at the support level,
while there was a strong breakout fake.
Despite this, the price will develop in two stages,
both targets are shown on the chart.
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AUDCAD long trade ideaPlan : wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar , etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting
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