AUDCAD Daily Analysis

Short

Australian Dollar/Canadian Dollar (OANDA:AUDCAD)

Updated

OANDA:AUDCAD Australian Dollar/Canadian Dollar

Trend Analysis Supply and Demand Fibonacci

trendanalysis supplyanddemand fibonacci

Clear downtrend on the daily timeframe (LHs & LLs)
Last correction exceeded the 50% fibonacci level
200 SMA now dynamic resistance
0.98 and 0.96 psychological levels of supply

Comment:

Full analysis:

AUDCAD 30m Analysis

AUDCAD 1h Analysis

AUDCAD 4h Analysis

AUDCAD Daily Analysis

AUDCAD Monthly Analysis

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