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Thread: AUDCAD

  1. #1
    Senior Member fxtester's Avatar
    Join Date
    Nov 2008

    Default AUDCAD

    Here it's difficult to say if the medium term is up or down.

    There is a consolidation inside a triangle.

    As the price as retested and failed to cross the red down trendline, we suppose that it will pursue towards the major support. It will take about 3-4 years.
    Last edited by fxtester; 01-29-2015 at 17:04.

  2. #2


    A strong 0.9358 level was able to withstand an AUDCAD attack. But this pair is likely to test this level one more time soon.

  3. #3
    Join Date
    Sep 2015


    There is a correction after bear's trend on this chart. So, I am waiting for local High and try to open sell order from it.

  4. #4


    I guess, we can see a beginning of upward trend. If this pair breaks 0.9507 local resistance, I will open long positions.

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