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Technical analysis Aud/Cad
. . trend is : buy
. . . . current price is 0.9520
. . . . . . Resistance and supporting level of this pair is :*
. .
. . . . . . . . . . Resistance level is:
1- Resistance level is:0.9537
2- Resistance level is: 0.9548
3- Resistance level is: 0.9559
. . . . . .
. . . . . . . . . . . Supporting level is:*
1- Supporting level is: 0.9506
2- Supporting level is: 0.9495
3- Supporting level is: 0.9484
. . good luck
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Technical analysis of the AUD/CAD
According to H4 time Frame,
Today Market Trend seems to be : BEARISH
Today Resistance level is:
1> Resistance level is: 1.3198
2> Resistance level is: 1.3211
3> Resistance level is: 1.3217
Today supporting level is:
1> Supporting level is : 1.3177
2> Supporting level is : 1.3170
3> Supporting level is : 1.3164
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Yesterday the Australian Canadian couple declined and was able to break the support level at 1.0013 and the price has gone lower and now the pair torguetsyav price 0.9988, I think that the couple will test the resistance level 1.0013 and if the price of the pair will break this level then go up to the level of resistance in the 1.0045 price
but if this does not happen the pair will continue to decline to a level of support in the 0.9965 price.
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we can see in the 4h chart I see the pair will go to up way to 1.0134 stochastic refers that the pair will go up so our target buy from 0.9999 and our target will 130pips
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this is my analysis for AUDCAD pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 0.9550. and the pair will continue to go up to the next resistance level at 0.9575
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 0.9545. , stop loss at the level 0.9510. target take profit at the level 0.9590
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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this is my analysis for AUDCAD pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 0.9552. and the pair will continue to go up to the next resistance level at 0.9577
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 0.9547. , stop loss at the level 0.9512. target take profit at the level 0.9592
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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we can see in the 4h chart I see the pair will go to up way to 1.0134 stochastic refers that the pair will go up so our target buy from 0.9999 and our target will 130pips
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Todays analysis for the pair Aud/cad.
The trend is showing a bullish movement for this pair.
Buy signal for the hourly time frame.
Support levels:-
S1 0.9522
S2 0.9531
S3 0.9535
Resistance levels:-
R1 0.9543
R2 0.9547
R3 0.9555
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the pair will go to down way to the down trend line
i see the pair will go to down way to 0.9914
stochastic refers that the pair will go down
so our target sell from 1.0014 and our target will 100ips
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Pivot levels today:
R3: 1.0418
R2: 1.0372
R1: 1.0298
PP: 1.0251
S1: 1.0177
S2: 1.0129
S3: 1.0057
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 1.0057.