AUDCAD may rise from support zone after tariff news
AUDCAD chart suggests a potential upward trend from the support zone toward the defined targets as shown on the chart.
AUDCAD could rise in the short-term, taking advantage of China's comments on tariffs.
Support zone is Identified around 0.84539, signaling a potential rebound area.
Current Price is reflecting a slight bullish momentum.
First target at 0.8600, second target at 0.8665, indicating potential bullish momentum.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUDCAD chart suggests a potential upward trend from the support zone toward the defined targets as shown on the chart.
AUDCAD could rise in the short-term, taking advantage of China's comments on tariffs.
Support zone is Identified around 0.84539, signaling a potential rebound area.
Current Price is reflecting a slight bullish momentum.
First target at 0.8600, second target at 0.8665, indicating potential bullish momentum.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Note
🚨Breaking: China announces additional 84% tariffs on US goods from April 10China's Finance Ministry announced on Wednesday that they will impose additional 84% tariffs on US imports from April 10.
Trade closed: target reached
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.