AUDCAD – Buyers trending caught between daily channel
AUDCAD – Buyers trending caught between daily channel
Trend: Strong Buy
Support/Resistance:
R3: 1.09128
R2: 1.08901
R1: 1.08635
S1: 1.08206
S2: 1.07998
S3: 1.07798
Price action:
Buyers are showing strong performance. From previous day price touched high level and rebounded from overall daily channel. Price did a faker but still might go long position, because daily candle was closed above 1.08206 level.
Potencial trade idea:
Bulls targets:
T1: 1.08635
T2: 1.08901
T3: 1.09128
Bears targets:
T1: 1.07998
T2: 1.07798
NOTE – We are trading AUDNZD via the preferred trading setups
ELITEFXACADEMY
Trend: Strong Buy
Support/Resistance:
R3: 1.09128
R2: 1.08901
R1: 1.08635
S1: 1.08206
S2: 1.07998
S3: 1.07798
Price action:
Buyers are showing strong performance. From previous day price touched high level and rebounded from overall daily channel. Price did a faker but still might go long position, because daily candle was closed above 1.08206 level.
Potencial trade idea:
Bulls targets:
T1: 1.08635
T2: 1.08901
T3: 1.09128
Bears targets:
T1: 1.07998
T2: 1.07798
NOTE – We are trading AUDNZD via the preferred trading setups
ELITEFXACADEMY
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