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AUDCAD approaching support, potential bounce!

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FX:AUDCAD   Avustralya Doları/Kanada Doları
AUDCAD is approaching our first support at 0.9277 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension, short term ascending channel) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9352 (horizontal swing high resistance, 61.8% Fibonacci extension).
RSI (55) is approaching support and we might see a corresponding rise in price should it bounce off this level.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Feragatname

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