Tradingwithtamil

AUDCAD: CROSS-BAR RESISTANCE TREND LINE'S

FX:AUDCAD   Australian Dollar/Canadian Dollar
Hello traders,

The AUDCAD yet to take the immediate recovery turn but before the turn, the pair would apt to re-visit the zones 0.9400 and the 0.9360 supports. However, the pair downside movement may restrict the price range around 0.9240 for the further move the 0.9200 will be the rest point for the downfall.

On the upside, a turn from before or after the 0.9360 can easily fetch the mark 0.9495 that trend line breakout will boost up the further uptrend.
If the price range surpassed the 0.95500, the 0.96000 and the 0.96300 are the likely numbers appears on the chart.

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