The price of AUDCAD in heading in the direction of 0.9051. Despite the recent breakout through 0.9018 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Related Posts
AUDJPY is quickly approaching a very important level it has previously tested numerous times in the past
AUDJPY is moving towards a key resistance level at 97.1160. This is a previously tested level for AUDJPY.…
USDCAD breakout from a Inverse Head and Shoulders trade setup. Will it continue this trend to hit the target price?
USDCAD has broken through a resistance line of a Inverse Head and Shoulders and suggests a possible movement…
After testing 1.7962 numerous times, EURAUD is once again approaching this price point. Can we expect a bullish trend to follow?
A strong resistance level has been identified at 1.7962 on the 4 hour EURAUD chart. EURAUD is likely…