#AUDCAD: Bearish Setup
Price broke out of the rising supporting trendline
As you can see, price is retesting the trend line resistance
Which also goes in line with the 50MA
I believe a bearish movement will continue
As you can see, price is retesting the trend line resistance
Which also goes in line with the 50MA
I believe a bearish movement will continue
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.