{"id":12262,"date":"2022-07-12T09:04:14","date_gmt":"2022-07-12T09:04:14","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12262"},"modified":"2023-05-11T09:06:34","modified_gmt":"2023-05-11T09:06:34","slug":"audcad-testing-the-1-year-support-zone","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/07\/12\/audcad-testing-the-1-year-support-zone\/","title":{"rendered":"AUDCAD Testing the 1 year Support Zone!"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>The AUDCAD pair dropped sharply yesterday, negating the gains of the past 5 days combined. In doing so, it touched again the Lower Lows zone trend-line that started after the July 30 2021 Low and has been supporting with rebounds ever since.<\/p>\n<p>With the 1W RSI well within its own Buy Zone since July 01, this is a solid buy opportunity at least on the short-term towards the 1D MA50 (blue trend-line). A break above can see a buying extension to the 1D MA200 (orange trend-line). Long-term buy positions can only be taken after a weekly candle closing above the 1D MA200.<\/p>\n<p>On the other hand, a break below the Lower Lows can be taken advantage with a sell hedge short-term, targeting the -0.5 Fibonacci extension.<\/p>\n<p>Previous AUDCAD signal:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"AUDCAD Bearish unless the 1D MA200 breaks\" href=\"https:\/\/www.tradingview.com\/chart\/AUDCAD\/YYT54pGr-AUDCAD-Bearish-unless-the-1D-MA200-breaks\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/y\/YYT54pGr_big.png\" alt=\"AUDCAD Bearish unless the 1D MA200 breaks\" \/><\/a><\/div>\n<div><\/div>\n<div>Tradingview link:<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.tradingview.com\/chart\/AUDCAD\/w4F5U0B4-AUDCAD-Testing-the-1-year-Support-Zone\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/AUDCAD\/w4F5U0B4-AUDCAD-Testing-the-1-year-Support-Zone<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The AUDCAD pair dropped sharply yesterday, negating the gains of the past 5 days combined. In doing so, it touched again the Lower Lows zone trend-line that started after the July 30 2021 Low and has been supporting with rebounds ever since. With the 1W RSI well within its own Buy Zone since July<\/p>\n","protected":false},"author":611,"featured_media":12263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-12262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12262"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12262\/revisions"}],"predecessor-version":[{"id":12266,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12262\/revisions\/12266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12263"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}