Audcad wave analysis – Forex work

Audcad ⬆ Purchase

• Reverse Audcad from the assist space
• It’s more likely to rise to the resistance degree 0.8860

The Audcad foreign money pair was just lately mirrored from the assist space on the intersection of the lengthy -term assist degree of 0.8600 (which began two weekly in 2022) and decrease Bollinger Band.

The bullish reflection of this assist zone created the weekly Japanese candlestick puncture line.

Given the energy of the above -mentioned assist zone, the Audcad foreign money pair is anticipated to rise to the next resistance degree 0.8860, which is the earlier sturdy assist from January.