Get started
Australian Dollar/Canadian Dollar
Short

AUDCAD Approaching Resistance, Potential Reversal

By ICmarkets
Broker
AUDCAD is approaching its resistance at 0.9432 (50% Fibonacci retracement, horizontal overlap resistance) where it may reverse down to its support at 0.9433 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
audAUDCADaudcadlongaudcadshortCADChart PatternsForexforexsignalforextradingHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

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.