AUDCAD (17-20Jan2017)
Look like 0.986 Resistance is holding well.
Sitting @ multi-week resistance zone 0.986 is acting as strong resistance
Expect to revisit 0.97
Sell – 0.984,SL- 0.994,TP-0.97
W1-Bullish (UP for last week with very Bullish bar)
D1 -Bullish (but hitting resistance zone)
H4 - Bullish , but Retracement Engulfing Bar from 0.986 is strong. Expect to see goinf to 0.97zone
Look like 0.986 Resistance is holding well.
Sitting @ multi-week resistance zone 0.986 is acting as strong resistance
Expect to revisit 0.97
Sell – 0.984,SL- 0.994,TP-0.97
W1-Bullish (UP for last week with very Bullish bar)
D1 -Bullish (but hitting resistance zone)
H4 - Bullish , but Retracement Engulfing Bar from 0.986 is strong. Expect to see goinf to 0.97zone