ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor AUD/CAD Long-Term Trend: Bullish
Key Resistance Levels: 0.98224, 0.98624, 0.98937
Key Support Levels: 0.97700, 0.97437, 0.95099
Daily Chart:
The price on the higher time frame has recently been in an uptrend after it tested a support level of 0.95099 and bounced back. The pair has now retested a strong demand zone, which suggests further trend continuation.
AUD/CAD Medium-Term Trend: Bullish
30-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 at 0.9770. As of now the pair has reacted and broken the minor bearish structure before continuing the momentum.
Signal Idea:
Buy Limit Order @ 0.97804
TP @ 0.98213
Stop Loss @ 0.97395
Trade Safely 🙂
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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