Price Action and graphique analysis

FX:AUDCAD   Dollar australien/Dollar canadien

We can see a long-term uptrend since December.
It will therefore be a slight correction (compression or bull-flag) before continuing to rise.

Key price:

0.97551 = RBR demand zone which will (potentially) be retested by the price before going to bull

0.97851 = support turned resistance ( SBR ) retested several times. So potentially a big bullish comes out.

0.99000 - 0.98800 = supply zone . The price could fall back in this zone, or move into a range before going bull.


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