ac1-1024x409AUD/CAD (H4): Further increases possible

Forecast: Retesting the support and rebounding to 0.9960

Alternative Scenario: Breaking below the support zone 0.9800 and approaching recent lows

Comments: The pair broke above the recent consolidation

Payout: CALL @ 0.98386 à 75% return expiring at 21:00GMT

AC_screen 23.02

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.