FX:AUDCAD As we can see in the analysis Above, The pair has been on a downtrend since April 2021 based on the 200 Moving Average Currently, it has just touched the 200 MA line again and I expect a sell from on a Daily Timeframe. There is also a trendline that has been valid since July 2021, and it just touch the trendline resistance. There is also a Double...
There is a Gartley pattern shown and also a bullish megaphone I am currently selling from 1.67910, the market may continue the sell or go up to retest at 1.69000
The market is currently at a strong resistance zone. I am currently looking for a reversal pattern before going short.