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DesireToTrade

Upside potential for AUDCAD

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
DesireToTrade  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Chart Patterns Technical Indicators Trend Analysis AUDUSD AUDCAD
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chartpattern indicator trendanalysis audusd audcad
-Bottom is rounding out at the .618 fib on the Weekly chart with positive divergences MACD, RSI, STOCH and CCI
-MACD flipped green on the daily and RSI is at 33 after recovering from being oversold
-Higher high formed on the weekly renko chart
-Positive divergences on the 3D MACD, RSI, MOM
-Price is at the lower bollinger band
-Place stop under .618 fib, 1st TP at .9728 given a strong resistance found on renko chart

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