ForecastCity

💡Don't miss the great sell opportunity in AUDCAD

Short
FX:AUDCAD   Dollar australien/Dollar canadien
". 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

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