7645437 7/13/2017 12:16 PM, AUD/CAD intraday: above its upper Bollinger band


Our pivot point is at 0.9781.


Our preference

: rebound.


Alternative scenario

: below 0.9781, expect 0.9749 and 0.9730.


Comment

: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the pair stands above its 20 MA (0.9794) but below its 50 MA (0.9826). Finally, the AUD/CAD has crossed above its upper Bollinger band (0.9807).


Supports and resistances

:

0.9903 **

0.9884 *

0.9865 **

0.9846

0.9807 last

0.9793

0.9781 **

0.9749 *

0.9730 **