Opportunity to SHORT in AUDCAD

٢٩ مارس ٢٠١٨

Recently AUDCAD broke the trendline it has been since january. It hit a monthly support and it has been ranging the last few days. Yesterday the price retested the trendline and was rejected, the price entered again into the ranging box today, and if it breaks the bottom, it may be a good opportunity to short, we have to wait and see.

Full picture of the trend.