AUDCAD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 0.87400 followed by 0.8700 region.
What you guys think of this idea?
AUDCADaudcadshortbeyondtechnicalanalysisChart PatternsDescending ChanneldowtheoryfibretracementTechnical IndicatorsJTSTrend Analysis

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