AUDCAD is trading in a rectangle channel pattern on its hourly chart between the mid trend line MID: 0.90234 and the lower trend line 0.89415.
A short trade may be entered if the price breaks down to the lower trend line, 0.89415 with stops above the high previous to breakdown.
Targets:
MID: 0.88608/0.87810
A short trade may be entered if the price breaks down to the lower trend line, 0.89415 with stops above the high previous to breakdown.
Targets:
MID: 0.88608/0.87810
Note
Note
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.