Of observations by the method of technical analysis I have seen of the currency pairs Aud/Cad and indicators that I use is the Bollinger Bands and fibbo on market time at 07:24.
It is seen that the position of the forex market are on point 0.9789 and there is support and resistance on the
- R3 : 0.9902
- R2 : 0.9863
- R1 : 0.9837
- Pivots : 0.9798
- S1 : 0.9772
- S2 : 0.9733
- S3 : 0.9707
besides Stochastic indicator shows the position of point 15 so that then I highly recommend you to open position BUY with
Take Profit is equal to 0.9819 as well as Stop Loss at point 0.9759
so that the target pips for today I think is at 50 pips