AUDCAD What to Look Out For Going After the Weekend

The price is oscillating here between a zone of support and a zone of resistance. Going into the weekend these are the most important areas to look out for.

We can see that the price bound off the 0.5 fib level just now with a really strong green candle. In general there seems to be an upward move happening on AUDCAD with a small slowdown in the last few days.

I will give a bullish advice here, and expect that after a small retracement the price will break through the resistance.

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!