AUDCAD - Price Action Indicator signals Short

Australian Dollar/Canadian DollarFXCM

Description

⋅ 18 sept. 2020 12:45

Our price action indicator signals a bearish entry on AUDCAD. As we can see from our technical analysis, the price broke down a bullish channel. The indicator tells us to place a pending order exactly at the retest of the trendline

Commentaires

transparent-fx

⋅ 18 sept. 2020 12:52

audcad currently it's testing quite strong resistance on the daily, so definitely possible to see a move down

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