The two images below below illustrate the current AUD/CAD trend chart analysis the D1 and H4 time frames. The AUD/CAD is at an important support level now. The AUD (Australian Dollar) is very weak now and the current support will likely be broken. Traders can set a price alert at 0.8780 on this pair, when the alert hits check The Forex Heatmap® forex heatmap for a confirmation sell signal and confirmation of the support breakout.
This trend chart is exponential moving averages we supply to our clients and any other traders at no cost. We show traders how to set up these trend indicators up across multiple time frames for trend analysis of all 28 currency pairs we follow. We use multiple time frame analysis for the market analysis, combined with our forex market analysis spreadsheet.
AUD/CAD Trend Chart Analysis
AUD/CAD Trend Chart Analysis