ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor AUD/CAD Long-Term Trend: Bearish
Key Resistance Levels: 0.97600, 0.97852, 0.98152
Key Support Levels: 0.97205, 0.96951, 0.96622
4-hr. Chart:
The price on the higher time frame has recently been in an uptrend after it showed reversal signs from a resistance level of of 0.97600. The pair has broken another resistance level, which suggests further trend continuation.
AUD/CAD Medium-Term Trend: Bearish
15-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It has shown pullback to the marked support area. As of now the pair has reacted and broken the minor bearish structure before continuing the momentum.
Signal Idea:
Sell Limit Order @ 0.97442
TP @ 0.97248
Stop Loss @ 0.97657
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This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
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