AUDCAD @ 1h @ week of decisions (50th week`16)

A week of decissions stays ahead this week (50th week`16) ...

• 1.03975 start of extended downside trendline (november`16)
  
• 1.00947 end of extended downside trendline (november`16)

This could be an usefully long/short decission helper!

• 0.99394 1st high this month (december`16)
  
• 0.98427 1st low this month (december`16)
  
• 0.98439 1st test of this month low (december`16)

An OutBreak to the Up/Down Side could be also an usefully long/short decission helper!

• 0.97291 temporarly summer low 2016 (july`16)
  
• 0.97537 temporarly summer low 2016 (august`16)

Will both summer lows be usefully support lines? Or will they broken through?


If AUDCAD will break down (<0.97291), then are only last year lows next support lines ?

• 0.91754 yearly low 2013
  
• 0.93979 yearly low 2014
  
• 0.91513 yearly low 2015
  
• 0.93266 yearly low 2016
  

Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)


Best regards
Aaron

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