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AUDCAD| The Price Broke Out of a Major Structure Near 0.8730

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
KlejdiCuni  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis AUDCAD audcadshort
17
6
trendanalysis chartpattern waveanalysis audcad audcadshort
AUDCAD| The Price Broke Out of a Major Structure Near 0.8730

From the chart, we can see that the AUD is losing bullish momentum.

The price broke out of a major weekly structure after failing to rise further.

The first support areas I'm looking at are also our bearish targets.

Targets:
🎯 0.8590
🎯 0.8480

Thank you and Good Luck!
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Mentions

UnknownUnicorn15614419
✅TS ❕ AUDCAD: resistance level✅
UnknownUnicorn15614419
✅TS ❕ AUDCAD: sunk a lot✅
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