FX:AUDCAD   Dollar australien/Dollar canadien
Beautiful Inverted Head & Shoulders pattern playing out here on the Daily chart. We now have a series of Higher Highs and Higher Lows as we enter an uptrend, with price trading above both SMAs. We've now pulled back to retest the neckline of our Head & Shoulders pattern, which is also an extremely strong level of support. Both SMAs are acting as support as well, with the upwards trend-line in the mix also. We have a lot of confirmations on this trade, now we must wait for our final confirmation that support is holding. Once we have a rejection of this support and buyers step in, we can anticipate on riding this move to at least the most recent Higher High of .9550.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.