Get started

Audcadsell

AUDCAD Analysis- FXOPEN:AUDCAD faced the supply near the 0.88170-0.87990. -Per the supply /deemand rule need to test multiple support lines again to cross the supply zone. -If the price closed below the MSL, there is a chance to test the previous swing low. -Recommended that wait for a long near MSL and SL should be 0.87139, and TP is the supply zone. -If long scenarios do not happen, every bounce is a short opportunity for the $FXOPEN:AUDCAD. Note: All technical levels are marked in the chart.
by PRIMERONIN
💡Don't miss the great sell opportunity in AUDCADTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.9305). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 25. Take Profits: TP1= @ 0.9261 TP2= @ 0.9247 TP3= @ 0.9234 TP4= @ 0.9215 TP5= @ 0.9194 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
4