Australian Dollar/Canadian Dollar
Long
Updated

AUDCAD 1D 4HR Breakout LONG

45
AUDCAD down trend is losing momentum; Strong rebound from trend line and pivot level S2; Technical indicators (4HR & 1D) suggest the down trend is near the end. Price target established using weekly & monthly pivot. 1hr rising wedge breakout long.
Note
Correction: chart pattern - rising triangle

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.