The AUDCAD shows in my opinion a reverse head and shoulders formation and could be break out to the upside in the near future.
Near the necline is a resistence between 0.9580 and 0.9600. This area was tested back in march this year and november last year. Also around May the price moved around this area.
I will watching this close and update if a good opportunity for a trade is showing.
Thanks
Dennis
Near the necline is a resistence between 0.9580 and 0.9600. This area was tested back in march this year and november last year. Also around May the price moved around this area.
I will watching this close and update if a good opportunity for a trade is showing.
Thanks
Dennis
Nota
Today the price broke through the neckline so I will wait for a pullback and eventually jump in the trade then.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.