according to AUDCAD technical analysis , I predict this pair have BULLISH TREND. the price is break the Resistance trend line and it is Flying Up side with having the Long signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ------- # 0.9504
Resistance2 # ------- # 0.9526
Resistance3 # ------- # 0.9499
Support 1 # ------- # 0.9459
Support 2 # ------- # 0.9440
Support 3 # ------- # 0.9497
I suggest to take LONG position at ----- 0.9482
target take profit at ----- 0.9530
target stop loss at ----- 0.9442
money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..


Thread: 
Thanks
Currently Active Users
Forex Forum India Statistics