AUD/CAD Quick 50 pip trade
AUD/CAD is trading at a very important resistance level as you can see (the 78.6% Fibonacci level). Also, a small rising wedge is shaping up for a beautiful breakout to the downside, possibly reaching 0.9783 as a first target, and if managed to break it, it has the potential to continue falling reaching 0.97569.
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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.