AUDCAD: Bearish Outlook Explained 🇦🇺🇨🇦
https://www.tradingview.com/x/WiWogCfZ/
AUDCAD is trading in a bearish trend.
After the price set a new local lower low,
the price retraced to a solid horizontal resistance.
After its test, the market violated a support line of a rising channel.
We see a strong bearish reaction after its retest.
The price will most likely keep falling at least to 0.8827
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AUDCAD is trading in a bearish trend.
After the price set a new local lower low,
the price retraced to a solid horizontal resistance.
After its test, the market violated a support line of a rising channel.
We see a strong bearish reaction after its retest.
The price will most likely keep falling at least to 0.8827
❤️Please, support my work with like, thank you!❤️
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