aud/cad analysis

Assalamu alaikum friends and everyone, hope all of you are fine.We should try to look at the four-hour outline and analyze Aud/cad. Tenkan-sen and Kijun-sen lines have consolidated, the lines are flat . Confirmative line Chikou Span is crossing the value graph from underneath, current cloud is dropping. The instrument has gotten through Tenkan-sen and Kijun-sen lines. One of the past essentials of Chikou Span line is required to be a help level (0.9774). One of the past maximums of Chikou Span line is required to be an obstruction level (0.9900).

On the every day graph Tenkan-sen line is above Kijun-sen, the lines are level . Confirmative line Chikou Span is over the value of Aud/cad, current cloud is climbing. The trading tool is ranging above Tenkan-sen and Kijun-sen lines; the Bullish pattern is as yet solid. One of the past essentials of Chikou Span line is required to be a help level (0.9245). One of the past maximums of Chikou Span line is required to be an obstruction level (1.0252).

On the four-hour outline we can see an amendment of the upward development. On the every day diagram the Bearish pattern is as yet solid. It is prescribed to open long situations at current cost with Take Profit at the degree of past limit of Chikou Span (0.9900) line and Stop Loss at the degree of Kijun-sen line (0.9774).

Re: Aud/cad analysis

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