AUDCAD is currently testing the first support level at 50% Fibonacci Retracement/Extension level. If the level won't hold, it will test the 61.8% Fibs Level Support which is a confluence zone.
A bounce will see it go up to 1.02279 Resistance / horizontal overlay. It's a good risk to reward ration setup. A buy Limit @ 1.00350 is a good setup to start with.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
A bounce will see it go up to 1.02279 Resistance / horizontal overlay. It's a good risk to reward ration setup. A buy Limit @ 1.00350 is a good setup to start with.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.