0
0
February 22, 2021 at 04:19PM
• AUDCAD broke key resistance level 0.9900
• Likely to test resistance level 1.0050
AUDCAD continues to rise after breaking through the key resistance level 0.9900 (which stopped the previous shaper upward impulse wave (1) at the start of January).
The breakout of the resistance level 0.9900 accelerated the active impulse waves 3 and (3).
Given the predominant uptrend – AUDCAD can be expected to rise further toward the next resistance level 1.0050 (target price for the completion of the active impulse wave 3).
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/audcad-wave-analysis-22-february-2021-20210222/
Selected by fonecable.com
Search Web: AUDCAD Wave Analysis 22 February, 2021
Recent Posts
- NEWS: US Senate passes $1.9 trillion stimulus bill March 06, 2021 at 10:02PM
- DailyFX Forex Trading Course Walkthrough: Part Ten
- DailyFX Forex Trading Course Walkthrough: Part Nine
- Gold Price Outlook Remains Mired by Broader Recovery in US Yields
- DailyFX Forex Trading Course Walkthrough: Part Eight
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
