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AUDCAD Approaching Resistance, Potential Reversal

Oleh ICmarkets
Broker
AUDCAD is approaching its resistance at 0.9432 (50% Fibonacci retracement, horizontal overlap resistance) where it may reverse down to its support at 0.9433 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
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ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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