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Klimex

AUDCAD Approaching Resistance, Potential Reversal

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Klimex  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDCAD aud CAD NZD EUR GBP chf jpy
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trendanalysis harmonicpatterns chartpattern audcad aud cad nzd eur gbp chf jpy
AUDCAD is approaching its resistance at 0.9574 (61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 0.9464 (38.2% Fibonacci retracement, Horizontal swing low support).

Stochastic (89, 5, 3) is testing its resistance at 98% where a potential reversal could occur.
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