Very strong support level, keep also an eye on the triangle pattern that will be broken soon
Very strong support at the 0,90000 mark
Retests are important, price is expected to rise a little bit but then make a drop since the price is in a daily retracement upwards
Wait for the retesting of the crucial level
possibly wait for a retracement to the fib 618, the trend line and the support line before going upwards to a very strong resistance level
in a weekly uptrend, but be careful for the Daily fib 618 that can push the price downwards, wait for a clear indication of the price before putting a buy
Look for the breakthrough of a strong resistance
The trend line is a bit dubious, the weekly fib 618 could push the price up, price could go both ways retests are therefor crucial
a sell is what we will look for, yet be careful for the strong support level that is close!
Wait for the fib 618 retracement, strong support is close though
See whether the price will respect the fibonacci level to search a sell
Try to see the breakout of one of the trends and the opposite retest.
Could go either way, need to wait for the break of one of the trends
downtrend, wait for lower low and then the retracement to the trend level to a lower high to search for a sell.
Analyse van het paar AUDCAD
