AUDCAD: Bearish Outlook Explained
As we discussed on the yesterday's live stream, AUDCAD looks very bearish: the price has broken 2 rising trend line on a daily, formed a double top and broke its neckline as well. #OPINIONLEADER#
The price is retesting the confluence zone based on the broken structure.
Probabilities are high that the pair will drop soon.
Goals: 0.924 / 0.916
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
If you like, reward to support.
Hot
No comment on record. Start new comment.