AUDCAD at Key Resistance – Will Sellers Step In?

20 févr.

AUDCAD has reached a significant resistance zone, highlighted by previous price rejections and strong selling pressure. This area has historically acted as a supply zone, increasing the likelihood of a pullback if sellers step in.

The current market structure suggests that if the price confirms a rejection from this resistance, we could see a move lower toward the 0.90200 level, a logical target based on past price behavior and current market structure.

Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!

20 févr.

Transaction en cours

25 févr.

Note

I am thinking of setting break even.

27 févr.

Note

It started to show some signs of strength eventually

27 févr.

Trade fermée: cible de profit atteinte