AUDCAD Set for Bearish Correction After Struggling to Rise
AUDCAD Set for Bearish Correction After Struggling to Rise
The AUDCAD pair recently broke out from a bearish pattern, suggesting a potential downward movement. While further confirmation is needed to solidify this trend, the pair already appears poised for a continued decline.
A minor support zone is located near 0.9010. However, this area may not hold, and there is a strong possibility that the price could breach this support and target the lower levels of 0.8993 and 0.8960.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
The AUDCAD pair recently broke out from a bearish pattern, suggesting a potential downward movement. While further confirmation is needed to solidify this trend, the pair already appears poised for a continued decline.
A minor support zone is located near 0.9010. However, this area may not hold, and there is a strong possibility that the price could breach this support and target the lower levels of 0.8993 and 0.8960.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Transaction en cours
Note
AUDCAD - Update Read the analysis
Note
AUDCAD - Target reached:)
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
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youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.