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Klimex

AUDCAD is Approaching Resistance, Prepare for Further Drop

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Klimex  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns aud CAD AUDCAD forexsignals
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trendanalysis harmonicpatterns chartpattern aud cad audcad forexsignals





AUDCAD is approaching its resistance at 0.9507(61.8% Fibonacci extension ,61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.9440(76.4% Fibonacci retracement, horizontal pullback support,61.8% Fibonacci extension).

Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop is expected.


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