My Technical Analysis
1. AUDCAD broke the downtrend line on the daily timeframe and started its uptrend.
2. Price Respected the support zone on 4hr timeframe proving our buy bias.
3. Discovered a Divergence on the 1hr timeframe and price started a short term downtrend.
4. Recently Discovered another divergence on the 15min timeframe indicating a potential...
Cloud bottom provided the support and now price will try to bounce back and breakout of the cloud.
Targets in green line, Stoploss in red.
Please do your own research before investing.
This is not a trade advice.