18.08.2020
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. An ascending truncated pattern has formed. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator indicates an overbought condition. A breakout of 0.9514 will result in the formation of a descending wave pattern within the overall downtrend.
AUDCAD rate online: monitor the price movement in real time.
Trading recommendations:
Sell below 0.9514.
Stop Loss: 0.9550.
Target levels: 0.9472; 0.9438.
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