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analysing  AUD/CAD for Thursday
to Nov. 19, 2019



AUD/CAD ST: as long as 0.8875 is support look for 0.9444
Our pivot point is at 0.8875.

Our preference: as long as 0.8875 is support look for 0.9444.

Alternative scenario: below 0.8875, expect 0.8670 and 0.8548.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 0.9026 and 0.9004).


Supports and resistances:

0.9689 **
0.9567 *
0.9444 **
0.9322
0.9036 last
0.8956
0.8875 **
0.8670 *
0.8548 **

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