As per my previous AUD/CAD analysis, the pair corrected to 50%
Fibs (0.9975) applied to the channel breakout point providing a good
opportunity to buy this pair. Consider holding long position to target either
23.6% (1.0060) or 0% Fibs (1.0140). The stop loss should be just below 61.8%
level (0.9935)

Support: 0.9975, 0.9935

Resistance: 1.0015, 1.0060, 1.0140

AUDCAD_INSTA.png

The material has been provided by InstaForex Company – www.instaforex.com

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