AUDCAD buy Trade opportunity It was running on range position and currently break out the resistance level and is now ready to retest breakout Level. It will be a good point to take a Buy trade on the Support Area
"Always trade with Stop Loss"
". 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."
. AUDCAD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which...
The counter AUDCAD forms a descending channel . The counter's prices is moving between the top and bottom line of the channel from 05th February. The formation of the descending channel indicates the counter is in a bearish mode. The price is accumulating near the top line of the channel for the past 24hrs. Since the price didn't break the top-line,...
AUDCAD / H4 / Technical Chart show short direction
Price move inside of the Triangle. if it will break out the upper line of Triangle, D point will break, it will go to Resistance zone. Have another analysis at this pair, please share in comments, we will be glad to discuss.