AUD/CAD

SUPPORT LEVELS : 1.0777
RESISTANCE LEVELS: 0.96811
PAIR ANALYSIS :
The AUD/CAD is in abearish tendency after a rebounce at the Bollinger Band resistance as indicated in fig 1. The pair pattern suggests a possible pattern around the support line. The Linear Regression Slope around -0.0001 can be analyzed as slightly bearish tendency.The MFI and the Parabolic Sar can suggest the validity of the figure pattern and the indecision of the market. The chart analysis suggest the possibility of a slightly bullish retracement around the support line.
A bearish crossing at 0.9701 can validate a significant bearish domination. The analysis suggests the possibility to open a buy position at 0.9802 with TP at 1.002 and SL at 0.96877 .
FIGURE 1 shows the trendlines
AUD/CHF

RESISTANCE LEVELS: 0.8002
SUPPORT LEVELS : 0.73002
PAIR ANALYSIS :
The AUD/CHF currency pair pattern is in a slighty bullish trend within a channel but it could be possible that it can be dominated by a trendless parallel channel considering the two keys level price at 0.80002 and 0.73002. The Linear Regression Slope at -0.0002 , the MFI value and the Parabolic Sar can support the trendless pattern forecast. It is rel…
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