AUDCAD, An uptrend is beginning..
forecast:
While the price is above the support 0.9105, resumption of uptrend is expected.
We make sure when the resistance at 0.9775 breaks.
If the support at 0.9105 is broken, the short-term forecast -resumption of uptrend- will be invalid.
suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.9380 to 0.9315).
Take Profits:
Tp A= 0.9490
Tp B= 0.9565
Tp C= 0.9665
Tp D= 0.9775
Tp E= 0.9915
Tp F= 1.0090
Tp G= 1.0350
While the price is above the support 0.9105, resumption of uptrend is expected.
We make sure when the resistance at 0.9775 breaks.
If the support at 0.9105 is broken, the short-term forecast -resumption of uptrend- will be invalid.
suggestion:
There is possibility of temporary retracement to suggested Buy Zone (0.9380 to 0.9315).
Take Profits:
Tp A= 0.9490
Tp B= 0.9565
Tp C= 0.9665
Tp D= 0.9775
Tp E= 0.9915
Tp F= 1.0090
Tp G= 1.0350
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