Expecting pull back to the 84.00 support. On strong bull candle at this level I expect the CAD to move to 88.50, then to 93.00. On a close below the 84.00, I expect next bearish target to 80.50
I'm expecting some pull back or consolidation on the aud/jpy pair, however I think we're set for another move up to my next target/resistance level.
My outlook has been long for some time now. But could this change? Happy trading.
My longer term outlook on the aud/cad is bullish to a target of 1.0200
NZDCAD has hit this major high on 3 prior occasions and never closed above. Daily chart seems to now be respecting this line as support for now. Could set up for a lovely trade, but I think still too early to tell. I'll be watching closely.
Hi traders. Here's a bearish cypher pattern with entry and target. Good luck and happy trading