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AUDcad on the range

In my technical analysis i will use moving average 100 and 200. If price is above moving average 100 and ma100 above ma 200 then price action tell us that pair is on bullish mode. If price is below ma 100 and ma100 is below ma 200 then we have bearish mode. If situation isnt clear with price action and moving averages then i use additional tolls. Daily
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AUDCAD on strong support, moving higher

In my technical analysis i use chart with candlesticks and simple and useful indicator like Moving averages 100 and 200. I also use trendline and horizontal line with tops and bottoms. And in same cases fibonacci levels can be important factor for setting forecast.
Chart 1 - AUDCAD weekly
As we see on weekly chart audcad has very important support on levels arount 0.935 and after that slowly starting to rise. My setting price is 0.967 where i think will be weekly moving average. On daily chart p…
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AUDCAD on triangle


Chart 1 - audcad weekly
In chart 1 we see that audcad is in triangle and that triangle is narrow now. In coming month we can expect some break on this triangle but often happen that first break is false. My view is that first break will be on downside line of triangle and after that this pair will bounce up and go on price aproximatly to 1.0100.
Chart 2. - audcad daily
On daily chart we see same thing and price will go up because some pressure on oil price. Confirmation of trend will happen if …
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