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Australian Dollar/Canadian Dollar
Short

AC UPDATE

82
Long Term Analysis
  • recent break of 0.99 + confirmation, "CF" with EMAs
  • weekly long term is bearish, with recent LH formed, aiming for lower lows
  • 0.999 key level rejection, shooting star weekly candle
  • Daily candle closed below 0.99 after breakout and confirmation of 0.99
  • Fib numbers showing 2 level rejection 0.5 + .382

  • Contrarian views would see potential for further retracement
  • waiting for 3rd bearish signal (2 so far)
  • TL support has not been broken on smaller TFs
  • 61.8 fibonacci hasn't been hit yet
masterkeytrading
AUDCADaudcadshortTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
AUDCADaudcadshortTrend Analysis
masterkeytrading

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.