AUDCAD @ 1h @ week of decisions (50th week`16)
AUSTRALIAN DOLLAR / CANADIAN DOLLARICE
Description
⋅ 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 Comment
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