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An update for NIO. This stock seems to respect its trendline and bounce back failed to break below S1. Therefore, investors must focus on lower timeframe to have a better view on the behaviour. NIO has formed a range in the lower timeframe, if the price break above we might see the prices go higher. If the price failed to break that range might fluctuate in it.
AUDJPY stayed trapped between R1 and S2 levels. Investors must stay up to date with this pair because when the price break out of range might have a sudden move to that direction.
USDCAD managed to break above the range that was trapped with very strong movement. Price now might retrace and continue to the upside. Investors must focus on the price when the retracement is over to take action accordingly with momentum.
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