AUDCAD - 240 - A bit more upside, before another ride down?
Trade idea.
AUDCAD might still have enough steam to move higher, but there is an obstacle on the way, which is the short-term downside resistance line. In order to consider a further move higher, that downside line needs to be broken first.
Please see the chart for details.
Don't forget your stop-loss.
AUDCAD might still have enough steam to move higher, but there is an obstacle on the way, which is the short-term downside resistance line. In order to consider a further move higher, that downside line needs to be broken first.
Please see the chart for details.
Don't forget your stop-loss.
Note
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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.