TRANZACTIONAREA PE FX & CFD IMPLICA UN RISC RIDICAT
AUD / CAD after having suffered a depreciation of,roughly 80 pips, has been showing an uncertainty in the trend to follow.
However, and in this scenario, it might be interesting to see if the price breaks the consolidation zone (the rectangle).
In this way we can consider short entries if the price breaks the consolidation below or long if the price breaks the consolidation above.
Resistance 3: $ 1.3320 (November 1 high)
Resistance 2: $ 1.3270 (high of the European session on November 2)
Resistance 1: $ 1.3180 (MA 200 H1)
Current price: $ 1.3168
Support 1: $ 1.3095 (low of the US session on November 6)
Support 2: $ 1.3030-40 (October 6 and November 3 lows)
Support 3: $ 1.3005 (low of the US session on September 5)
Resistance 3: $ 1.1780 (high of the European session on October 26)
Resistance 2: $ 1.1670-90 (November 2-3 highs, MA 200 H1)
Resistance 1: $ 1.1625 (November 6 high)
Current Price: $1.1604
Support 1: $ 1.1575 (July 27 low)
Support 2: $ 1.1540 (low of the US session on July 20)
Support 3: $ 1.1480 (July 20 low)
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