AUDCAD right on pullback support!

٥ يناير ٢٠١٨

AUDCAD is now back to pullback support where it previously broke out from. A possible bounce could occur at this level above major support at 0.9782 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) for a rise towards 0.9876 resistance (Fibonacci extension, horizontal swing high resistance).

Stochastic (55,5,3) is making a similar pullback to ascending support where a corresponding bounce could occur too.

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