UnknownUnicorn3740956

AUDCAD Continuing with Uptrend?

Long
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Looking over the AUD/CAD chart, This is what I came up with, It's possible for AUDCAD
, To continue uptrending up until 0.96900, This can be a long-term trade, here are some of the insights into these graphs,
that give enough information of why I think we might be going back up again :
  • The Relative Strength Index is about to reach the 30.00 Mark, Which symbolizes that our Graph is oversold on the 4H time graph
  • Our graph has touched the 4H Trendline
  • It is in a zone of Support, it Touched this area more than 5 times already

This is not financial advice, Although if you do take this, I wish the best for you.
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