Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.9992
AUD/CAD seen on a weekly chart reveal us that the pair has some major support zones in form of significant pin bars folowed by sharp bullish price action.Also current trend found support above fan lines zone and it is more likely to see a bearish pr range momentum in the following month rather than a bullish one.
I have added on the chart bellow fibonacci fan lines from the hig…
Elements used: Fibonacci Fan Lines,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.9992
AUD/CAD seen on a weekly chart reveal us that the pair has some major support zones in form of significant pin bars folowed by sharp bullish price action.Also current trend found support above fan lines zone and it is more likely to see a bearish pr range momentum in the following month rather than a bullish one.
I have added on the chart bellow fibonacci fan lines from the hig…