ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor AUD/CAD Long-Term Trend: Bullish
Key Resistance Levels: 0.88826, 0.89328, 0.89412
Key Support Levels: 0.88001, 0.87828, 0.87345
Daily Chart:
The price on the higher time frame has recently been in an uptrend. It tested a support level of 0.87828 and bounced back. The pair has broken a few resistance levels which suggests further trend continuation.
AUD/CAD Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a trendline recently to shift the short-term trend to bullish. As of now the pair has broken and retested a minor level of 0.88001 before continuing the momentum.
Signal Idea:
Buy Limit Order @ 0.88319
TP @ 0.88753
Stop Loss @ 0.87878
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.
Read full disclaimer at: https://forexrobotnation.com/disclaimer/
Thanks for the signal, really appreciate it. As the price has gone up since the signal announced does that mean the trade is no longer valid or are you expecting it to drop again. Thanks again. Love TWP!