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DarielChirino
Dec 14, 2018 1:57 PM

AUDCAD Long

Australian Dollar/Canadian DollarFXCM

Description

Shark pattern with RSI divergence, bullish
Comments
Klimex
Nice idea on AUDCAD. We have the same bullish bias too. We have identified a support level at 0.9573 which is made up of 76.4% Fibonacci retracement and a horizontal swing low support. Should price bounce from that level, there is a chance of it going to resistance level at 0.9673, which is made up of 100% Fibonacci extension, 50% Fibonacci retracement and a horizontal swing high resistance.
Please take a look at our idea and let us know what you think!

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