luce878

AUDCAD indecision zone, 1 hour chart

FX:AUDCAD   Australian Dollar/Canadian Dollar
2 0 0
I really have my doubts about this one, there is a strong resistance line at the 0.95225 level, but the price has passed the 20 ema with 2 strong green candles. Even though, overall the chart still indicates the bearish trend , there might be a test at the 0,.95763 level, only if the price passes the 0.95225. If not, it is the perfect time for a nice swing trade, at the 0.94624 level.
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