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AUD/CAD Analysis, Chart, and Trading Idea

Analytics for AUD/CAD Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels
 



The support level of 0.9019 curbs the buyers. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator.
 

Trading idea:

Buy at the formation of the ascending wave structure, when the (A) wave breaches the sloping channel of the descending truncated structure

Stop-Loss: 0.9019

Target price levels: 0.9070, 0.9100

Tác giả: GC

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