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Klimex

AUDCAD Approaching Support, Prepare For A Bounce

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Klimex  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns aud CAD AUDCAD forexsignals
19
0
trendanalysis harmonicpatterns chartpattern aud cad audcad forexsignals

AUDCAD is approaching its support at 0.9481 (61.8% Fibonacci extension ,horizontal swing low support, 50% Fibonacci retracement) where it could potentially bounce to its resistance at 0.9511(50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (34, 5, 3) is approaching its support at 6% where a corresponding bounce could occur.

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