AUD/CAD Technical Analysis

Jun 15

📊 AUD/CAD Technical Analysis 🦘🍁
🔍 Market Overview

AUD/CAD has staged a strong bullish recovery from the major support zone around 0.9740–0.9750, creating a series of higher lows and reclaiming short-term structure. Price is currently approaching a significant resistance area near 0.9920–0.9950.

🟢 Bullish Scenario
The recent rally suggests buyers remain in control.
A break and close above the resistance zone could trigger continuation toward 0.9980 – 1.0000.
The market may first retest the resistance before pushing higher.
🔴 Bearish Scenario
The highlighted resistance zone remains a key supply area.
Rejection from this region could send price back toward the Fair Value Gap (0.9780–0.9820).
Deeper correction may target the Order Block and Support zone around 0.9750.
🎯 Key Levels

✅ Resistance: 0.9920 – 0.9950
✅ Fair Value Gap: 0.9790 – 0.9820
✅ Order Block: 0.9750 – 0.9760
✅ Major Support: 0.9730 – 0.9750

📌 Conclusion

AUD/CAD is bullish in the short term, but price is heading into a strong resistance zone. A breakout could open the path toward parity (1.0000), while rejection may lead to a healthy pullback into the FVG before the next directional move. 🚀📈

Jun 15

Trade active

📈 **EURAUD Update: Analysis Playing Out Perfectly! 🎯**

Price is respecting the projected path and continues moving toward the target zone. As long as the demand area holds, the bullish correction remains valid before the anticipated bearish continuation. ✅📊

**Target remains in focus. 🚀**