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Pika7993

Buy off support with breakout

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Pika7993  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Technical Indicators Fundamental Analysis AUDCAD Relative Strength Index (RSI) support Support and Resistance
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trendanalysis indicator fundamental audcad relativestrengthindex support supportandresistance
We find support again at .98100 with a pivot. Sentiment towards a .98900 with potential .98800 rejection. Definitely safer to Tp there.

MACD and Signal made an upward cross heading for zero line. The initial cross sparked breakout bar telling us buyer momentum is in play. RSI is looking for continuation towards overbought zone.

Please comment with thoughts and ideas. Thank you.

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