AUDCAD has been in bullish trend but after hitting its top it has printed bearish divergence on RSI.Considering its past behaviour and divergence there are quite strong indications that it is going to start a bearish trend.Hence it may prove a good set-up to trade.
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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.