Bullish outlook on AUDCAD: 7 April 2022 Long

Australian Dollar / Canadian DollarFOREX.com

Description

⋅ Apr 7, 2022 1:55 AM

On the H1 timeframe, Stochastic is bouncing from support which indicates opportunity for a bullish bounce. This presents an opportunity for a bullish play at 0.94030 level, in line with Fibonacci confluence and graphical support.